CUS 1.41% 7.0¢ copper search limited

result better than expected

  1. 6,211 Posts.
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    I like. The toe cutter is doing his job...the Ebitda margins are 20% better, and we haven't seen any material deterioration in transactional volumes.
    Now all we need is surcharging.
    However, if you want my opinion, this thing is a sitting duck for a take out. It will genreate $20 mill free cash next year BEFORE surcharging and in 2010 that figure is closer to $60 mill.. ..why wouldn't a player want to buy a business on 2x cashflow ad infinitum?????????
 
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