9 Comments
User's avatar
JamalMalik's avatar

Really enjoyed reading this, great detail thank you

Expand full comment
JP Investments's avatar

Thanks for the article - looks interesting after the drop. Why is insider ownership so low?

Expand full comment
Aditya's avatar

I think In 2021, when Secure Energy Services acquired Tervita Corporation in an all-stock transaction, it altered their ownership structure

Expand full comment
daisy kapoor's avatar

Great writeup👍

Expand full comment
Li Jiang's avatar

even after the large stock run up?

Expand full comment
Aditya's avatar

There's definitely more upside, especially with the solid fundamentals backing it. The market hasn't fully priced in the transformation

Expand full comment
Manana Investing's avatar

Thanks for sharing your thoughts.

While evaluating multiples of Free Cash Flow, I think it is good to use MarketCap instead of EV, as Free Cash Flow already should account for interest expense.

Expand full comment
Aditya's avatar

Makes sense, I'll use MC instead.

Expand full comment
JamalMalik's avatar

The only thing is revenue is expected to decline on a continual basis for at least 2 year’s minimum

Expand full comment