the oil price is rising, oil and gas companies are making record profits and starting to look at increasing exploration and upgrades to their infrastructure and the price for NMS lags?
i know its been said before but NMS is in the box seat to make a fortune from this industry in the next few years and i find it amazing that the price is so low.
well i dont care, i will continue to buy because when the market finally wakes up to the smaller companies in service industries this thing will be trading on 20 something x EBIT. when that happens were are going to make a killing.
$30m for the boat, who care, just borrow the cash, even at 11%, the profit margin this boat will make will pay for the interest 3 times over, at these prices debt is way more cheaper than equity. I hope you are listening Mr Lange.
Even better, just lease the frinking thing.
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