Yeah hedged book so rising costs will likely benefit them competitively.
They are adding $100m/qtr in net loan book, so 3 more quarters will take them close to $1bn which is what they said - CY2022.
Therefore revenue at Christmas should be 50% higher than it is today - around $90-100m p.a.
And the business is currently ~$140m EV.
Each to their own and do your own research but I just added to my position.
And re the loan what do you want the alternative to be? They sell stock on market?
Yeah hedged book so rising costs will likely benefit them...
-
- There are more pages in this discussion • 28 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
