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gilead23

06/29/21 1:39 PM

#88439 RE: bbotcs #88438

To me the attractive part of the company is the cash flow

They generated a mountain of cash over the last year with 52 million of FCF. Some of that is working capital related but even from a NI+depreciation perspective it was 30 million against a market cap of somewhere in the 100 million ballpark.

I really don't see margins as that bad at 30%. The problem is they seem to own 3 terrible businesses and are milking them for what they are worth. I like the metrics at these prices, but who wants to own a company that runs managed print services? It's like buying a buggy whip company. I do own some though.