Relative ratios have now developed further in favour of valuation of AVG vs TWE being attractive.. Prev post is now front of mind for me. Asian demand has been proven by TWE who appear to have got off the mark faster, but a market the size of China will hold benefits for AVG also if approached correctly.
AVG Cash flow benefit will progressively improve by circa $5m this year, growing to $12m approx by 2021. Profit will flow to a large extent but with 24-30month delay due very high cost lease run offs / exits.
I have a position
Relative ratios have now developed further in favour of...
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