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No. of Recommendations: 1
Well, though I don't actively follow them directly, my impressions based on interactions with
other JF-backed entities (#1 & #3 with SDRL, #2 with SFL) is
#1: Has been hurting SDRL's results.
#2: Fairly steady work, just average returns on the assets
#3: Recent infusion of capital, SDRL participated. SDRL counts this as an investment, but
if these guys hint at growth, SDRL could probably acquire them. But again, there has to
be hint of growth.
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