Q: EIF has been a good performer but down from recent $111 H.Please comment on the co. and reasons for recent slide.Txs for u usual great services & views
5i Research Answer:
EIF is up 25% this year and up more than 100% in 52 weeks. There really has been no material news of any kind in a while, and we would attribute the drift to concern on higher oil prices, particularly in its aviation division.