Q: I have been invested in EAF for a few years now (currently down a bit). It seems like they are making good progress in paying off their debt and over the time and the overhang of Brookfield selling off its stake is decreasing. I am fairly patient on this one and I am likely to keep being patient but do you see negative issues I may be discounting because I already hold it.
From my perspective they seem like they could end up with a low debt ratio and good cash flow in a few more years while the biggest risk seems to be that the long term contracts they have will not be rolled over at anywhere near the same levels.
From my perspective they seem like they could end up with a low debt ratio and good cash flow in a few more years while the biggest risk seems to be that the long term contracts they have will not be rolled over at anywhere near the same levels.