Looking through my old notes written in 2017. Reproducing them here for posterity. The answer is not conclusive yet. But we just a little bit closer. Happy weekend. —————————— While penetrating the Chinese market with MABR is a beach head, the key question is does FLC have what it takes to be a future Suez?
• Does it have an innovative culture in developing new pipeline of products or improving an existing suite of products?
• Does it have all the financial and engineering disciplines to execute well?
• Does it have a financial backing and resources to fund growth?
If the answer is a yes, or even leaning towards a continued and forward work in progress, then we have the chances of a global company.
FLC Price at posting:
35.0¢ Sentiment: Buy Disclosure: Held
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