Added to YB: 2020-12-04
Pitch date: 2020-12-04
HRBR [bullish]
Harbor Diversified, Inc.
+608.33%
current return
Author Info
Company Info
Harbor Diversified, Inc. does not have any significant operations. Previously, the company was engaged in providing regional airline services in the United States.
Market Cap
N/A
Pitch Price
$0.24
Price Target
N/A
Dividend
N/A
EV/EBITDA
-0.49
P/E
N/A
EV/Sales
-0.02
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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