May. 23 at 6:50 PM
$JELD
Management could sell its real estate to an industrial REIT and generate
$800 million in cash proceeds tomorrow. Add this to its current liquidity position of
$500 million as per managements comments on last conf call. It could easily take the company private and go public again when the housing market recovers. Alternatively undertake a massive share buy back at ridiculously low valuations. Normalized annual EBITDA for JELD is less than its current market cap! Insane….wont persist. PE circling.