Loading ...Buying new oil play (ship and rig fabricator) – GIFI
50 mln in cash… 75mln in working capital… 125mln mkt cap… NO DEBT… just had a great quarter after being left for dead
If this thing breaks 9.19 it is going to run. Not the best business in the world, but really deep value.
Ballsy call CC, thanks again for being so generous in sharing these plays
No problem… just to be clear I just got in here. I don’t own it from lower.
Thanks, CC. That jump & volume from the quarter results?
Yes. They had an extremely good quarter. Their business is lumpy, but there is a line in the sand here in the mid-high single digits going back nearly 20 years.