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Mid September so basically 3-months of treading water. I think I...

  1. optimistus
    5,368 Posts.
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    22/12/21
    11:01
    Post #: 58457054
    Mid September so basically 3-months of treading water.

    I think I posted my rationale at the time. Certainly not high conviction but I would like to think they can construct a long term profitable maintenance portfolio out of the blend of services.

    More a calculated gamble than an investment if I'm honest. I have a decent understanding of these types of businesses and the combination of net debt in this type of service industry would normally put me off. So yes, low conviction.
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    lightbulb Created with Sketch.  Great analysis
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