BLY 0.92% 54.0¢ boart longyear group ltd

500% - 1500% return Christmas Present, page-43

  1. 218 Posts.
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    The comment on EBITDA is true...for now. The company is bringing back more machinery into operation from storage given the positive turn in the cycle. Once this demand is satisfied with existing machines, the strategy will change from meeting demand with quantity of equipment to pricing per equipment i.e. delivering a higher margin. There is no reason why Revenue won't be up 20% next year and EBITDA 30% due to this. Sure, the debt is not at a comfortable level right now, but they will aggressively pay it down and buy back shares to help out the MC.
    Last edited by truss20: 10/06/18
 
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Currently unlisted public company.

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