I am surprised to see such negative comments about ABS. My analysis points to ABS having at least a few more years of solid well-managed growth.
Even though ABS is raising insane amounts of capital to fund acquisitions, aren't these acquisitions substantially EPS accreditive from day 1? Is there any reason why EPS should not grow at 15%+ for at least the next few years? I would have thought that their total debt is well under control at this stage too.
I am very interested to see if you guys can convince me otherwise. Can you elaborate on your analysis please?
ABS Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held