I dont mind company doing capex, the idea is not to be overdoing capex . Capex should be in a controlled manner so that fcf generation is there. There has to be balance between growth and fcf. remember if they lose big client – they lose revenue. They have to service debt but ebitda and cash flow becomes lesser.
Risk are very important to consider and not just paper growth. That too 80x valuation.
Its my opinion
| Subscribe To Our Free Newsletter |
