Q: Hi 5i,
I have owned this stock for a long time and all it did was to go down. what is your opinion of this stock. I am quite willing to to sell it. Thanks.Cheers
I have owned this stock for a long time and all it did was to go down. what is your opinion of this stock. I am quite willing to to sell it. Thanks.Cheers
5i Research Answer:
We have a report on the company posted last week. We downgraded the rating, and, while the stock is cheap, there are cyclical risks and debt risks here. Earnings growth is expected, but debt is a massive multiple of cash flow. Stock momentum is weak this year as well. We would not miss it much if it were sold.