RE: something not right here25 Sep 2018 19:47
Hi Korg, I believe you’re looking at it from a wrong angle. EBIDTA is 21 mil. Depreciation and interest are above 17 mil combined if I wasn’t mistaken, significantly decreasing pre-tax income. Personally, I’m primarily interested in cashflow. Operating cashflow is above 20 mil. All in all, I’m pleased with the results and have been adding to my position today. If the LoM extension comes good, we won’t be staying at these levels for long... all imo of course. Good luck!