Anyone can throw out a bunch of numbers based on conjecture and other unattainable numbers.
Case in point: ADI and how many wells were they going to drill based on some 'forecast' of so many mmcf per well and all that? What happened: reality.
And have you ever heard the question: "When is there cash in cash flow?"
CF means squat unless there is real cash being generated and for AZZ that means they have to generate a cool $80 million plus in PROFIT before the company is really worth anything.
I wish the AZZ shareholders all the best, but pie-in-the-sky numbers based on wishful thinking and numbers that have no basis in reality are quite dangerous to ones wealth.....
AZZ Price at posting:
37.0¢ Sentiment: None Disclosure: Not Held
