Yahoo Finance will soon be upgrading our Conversations message board platform to provide a better experience for our users. Only comments published since April 21, 2021 will be visible on Yahoo Finance after the upgrade. If you wish to download and save any of your older comments, please submit a request via the Privacy Dashboard by no later than Aug. 15, 2022.
Congratulations to all who are here since under $0.50...it seems we will see soon double digits again. Because this stock is heading to twenty now...might take some months...but such cash cow can go only up. Especially with its segment getting more and more hot...
We come away from GSM’s mid-July investor day encouraged regarding its prospects and revise our EBITDA estimates higher into 2Q22 earnings. In our view, management provided a clear path and deleveraging targets that will allow GSM to pivot toward shareholder returns. It increased targeted turnaround savings to $225MM from $180MM previously. Based on management’s throughcycle EBITDA margin target of 20%, we estimate this implies ~$452MM of EBITDA at the mid-point. Lastly, we continue to see value in GSM shares, raising our 2022E EBITDA to $809MM (+$39MM) while reiterating our Buy & $14 PT.
For future years' earnings, our PT implies ~3-5x on what we would characterize as more normalized
earnings.
GSM company has cash, they keep on making cash...and that is why they can afford to reduce the debt significantly...
Plan has not changed, teens are coming...