Trimmed a quarter of my BWN position at R390 after the recent run, as the 6.2x EV/EBITDA multiple leaves li…by @chris_private_equity on $BWN

Trimmed a quarter of my BWN position at R390 after the recent run, as the 6.2x EV/EBITDA multiple leaves limited margin of safety given execution risks on the Waterfall and Montclair projects, though I'm retaining my core holding given management's track record on capital discipl