Q: Hi 5i Guys,
Wondering what your thoughts are on KBL. Would you consider it a Buy/Sell/Hold?
Also do you think that KBL might be a good candidate to be taken private?
Thanks as always for your insight.
Wondering what your thoughts are on KBL. Would you consider it a Buy/Sell/Hold?
Also do you think that KBL might be a good candidate to be taken private?
Thanks as always for your insight.
5i Research Answer:
We would consider it a hold currently as the company works through operational efficiency and shrinking margins. It is a solid name as a dividend payer, but top-line growth might be muted as the company improves bottom-line results. It does have several elements making it a good candidate to be taken private, considering its track record. However, we cannot predict if and when that may happen.