TPI Enterprises IPO by Wilsons, page-39

  1. 701 Posts.
    lightbulb Created with Sketch. 46
    No fanfare, bugles or trumpets but I'm sure there will be a long lunch tomorrow. What are we looking at here, MC $230-$240M? Ritchie will have to turn things around quickly based on past 2 years results (+$20M loss 2013+2014 and carrying $29M debt). IMO, he seems to run it with too much gravy and not enough meat on the bone. As Bronny found out those helicopter trips can cost a fortune. GLTA but will be others entering this market sooner than later.
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.