Month: September 2014

ENIRO

eniro net debt 2374 Adjusted EBITDA 700M 101.8M Shares outstanding $11 price $1.11B stock valuation EV/EBITDA of 4.97x DEBT/EBITDA 3.39x P/E roughly 3.81x

$FNMA Nothing else makes sense. At this point, the government’s litigation strategy looks reckless.

What Happens if the Government Loses on the Third Amendment? The Senior Preferred Stock Certificates Spell Nothing But Trouble For the Government   http://www.forbes.com/sites/richardepstein/2014/09/10/what-happens-if-the-government-loses-on-the-third-amendment-the-senior-preferred-stock-certificates-spell-nothing-but-trouble-for-the-government/ What Happens if the Government Loses on the…