I’ve been mulling over this case a bit and trying to find the common thread for my investment thesis. I don’t know how leveraged to the hilt this company is, but it occurs to me that with brutal leverage, the return on equity could perhaps be pushed higher. Could something like this fall into the lap of a greedy private equity investor, or is that too far-fetched? It would always be nice if such an “option” were on the table…
2 Likes