Added to YB: 2020-12-04
Pitch date: 2020-12-04
HRBR [bullish]
Harbor Diversified, Inc.
+291.88%
current return
Author Info
Company Info
Harbor Diversified, Inc. provides regional air services in the United States. The company leases flight equipment; and provides flight equipment financing.
Market Cap
$29.2M
Pitch Price
$0.24
Price Target
N/A
Dividend
N/A
EV/EBITDA
32.12
P/E
-1.47
EV/Sales
-0.34
Sector
Passenger Airlines
Category
turnaround
Harbor's Dark Takeover
HRBR: Pharma co. turned airline w/ shady past. Amun took over in 2011 for NOLs, went dark. Forced to file again in 2020. Now $263M rev, $69M cash, $78M book for $12M MC. Risks: Debt, motivation of Amun (self-dealing?), COVID impact on airlines. Potential huge upside with 10-K showing $4M profit. 16% of book, 17% of cash, 5% of sales.
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