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EAC - Erickson inc


yadayada

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Builds crane helicopters. Levered with 400m$ of debt. But it seems they restructured, and did about 17m$ of net income last quarter. That would be over 60m$ of net income annualized on a 100m$ market cap. Got the idea by looking at coliseum's holdings. Thoughts? Probably quite a bit of risk, but with a big pay off.

 

Edit: Ok so its seasonal, and you can't annualize Q3. Guess not so cheap then.

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