"I suspect the earnings trends that have been shown in the presentations and prospectus are very flawed" - are you implying that the company has misstated earnings? It is a big statement to make without any supporting evidence
Most broker are still projecting PE (16f) multiples of c11-12x. Surprisingly they don't see any red flags. They see difficult conditions but no red flags. As a matter of fact, one of the brokers has also suggested that the company can maintain $0.10 dividend based on free cash flow.
DYOR
AHY Price at posting:
$1.34 Sentiment: Hold Disclosure: Held