These five companies face a year of real significance.
All interesting; I find SPB particularly so.
yeah SPB is a fun one. Door A is a fortress balance sheet, a low valuation, and the spin/sale of yet another business.
Door B is a 4x-plus leveraged balance sheet with growth questions in this environment.
Purely on paper, the range between the two outcomes doesn't seem *that* wide, but in practice I think it's much, much greater.
A more my cup of tea but I think that I don't get carried out on this one either way. TBD.
All interesting; I find SPB particularly so.
yeah SPB is a fun one. Door A is a fortress balance sheet, a low valuation, and the spin/sale of yet another business.
Door B is a 4x-plus leveraged balance sheet with growth questions in this environment.
Purely on paper, the range between the two outcomes doesn't seem *that* wide, but in practice I think it's much, much greater.
A more my cup of tea but I think that I don't get carried out on this one either way. TBD.