"In summary, i really enjoyed my time there on Fri
Post# of 235
(Total Views: 537)
Posted On: 10/14/2018 1:56:48 PM
"In summary, i really enjoyed my time there on Friday. I made a point to not ask any questions of a proprietary nature. And i tried to keep things low key as i was a guest, and i arrived unannounced which i believe is always the best way. I wasn't interested in seeing this girl in a pretty dress and makeup. I wanted to see what she looked like with her hair in rollers and cucumber slices over her eyes.
What i saw impressed me. There is no way the assets could be valued at only $10 or even $12 million. I would guess closer to $20 million, certainly over $15. And that does not include the value of the yard or the buildings on it, which i am sure would not be included as company assets. More likely those are owned by Marshall Investments and the two companies pay rent to MI on a long term lease. That is how i would structure it.
This is a happy house, a testament to good bosses. And they are the real deal. My opinion is we have a little gem here that could turn out to be a powerhouse. But management must perform. Some ambitious plans have been put in motion and i worry about over promising. My experience as a business owner of 4 companies in 4 different industries, 3 of which i started and sold, is that it is far better to under promise and over deliver."
thanks for info from Chase Dog
What i saw impressed me. There is no way the assets could be valued at only $10 or even $12 million. I would guess closer to $20 million, certainly over $15. And that does not include the value of the yard or the buildings on it, which i am sure would not be included as company assets. More likely those are owned by Marshall Investments and the two companies pay rent to MI on a long term lease. That is how i would structure it.
This is a happy house, a testament to good bosses. And they are the real deal. My opinion is we have a little gem here that could turn out to be a powerhouse. But management must perform. Some ambitious plans have been put in motion and i worry about over promising. My experience as a business owner of 4 companies in 4 different industries, 3 of which i started and sold, is that it is far better to under promise and over deliver."
thanks for info from Chase Dog
(0)
(0)Sixty Six Oilfield Services, Inc. (SSOF) Stock Research Links
Scroll down for more posts ▼