Why Boral is not a buy - February 2020
Boral is looking for a new CEO and the chances of a capital raising at a discount to the current share price are high. Hugh Dive from Atlas Funds Management explains how these risk play our for investors on top of a multitude of other negative factors shrouding Boral.
Jump ahead: 0.55 - What do Boral do? 1.55 - Boral's Background 2.30 - Business model 3.15 - How do profits flow to shareholders? 4.05 - Financial Leverage and Debt Review 7.10 - Expansion and Headwaters Review 8.10 - Corporate Governance Review 9.55 - Regulatory Risks Review 10.45 - Technical Risk Review and Tesla's entrance to the roof tile industry 12.25 - Operating Risk Review 13.40 - Atlas's Review from 20 months ago 14.40 - Is Boral a buy today? Atlas' Summary