--beter financing? buy back 9% notes and refinance those for less
--less lease costs by making flexable deals ? Guess supplier have no benefit of a bankrupt HELI!?
--some contracts renewals ?
--cost reductions,,,,less investments?
--new management thats spreads more into service / maintenance from OIL // and ONLY invests on FLYING that generates money in the first place ?
(that finance chief woman worried me in the last call online,,,she pretended nothing was wrong...and there is a bright future,,,,,guess she lived in another world or used some speed)
My feeling is they need to go in Survival Mode to overcome the oilcrisis.
market cap of 100 m of book value seems extreme ?!!
I cannot believe that an investment fund would put in 600 m ,,,,and they have it all wrong within 6 months when price was 7.5 usd ? They must have seen the quality of HELI activities somehow.........
-----Guess a finance issue can be overcome............
-----OIL pirce is an external factor..............which needs time.....Can HELI survive 3 years.........thats the question............(with their modern fleet,,,,and quality customer base I bet on YES)
If oil rebounds.or stays within 60 / 70 usd...HELI should be OK in meantime?!!
valuation is like a call option without expiration. I like that!!