$Differential Brands Group Inc. (DFBG)$ 这个新闻意外么？一点儿都不。

DFBG backed by Tengram Capital Partners and is the only public company in TCP’s portfolio. In DFBG的corporate presentation, TCP’s five year plan for DFBG is to achieve $700 mln revenue, keep mid teen EBITDA margin, and a healthier net leverage ratio of 4x; the path to get there is through acquiring another 3~4 brands via a combination of cash, debt and equity, and doubling their sizes within 4 to 5 years.

2018年初TCP把债换成了转股价在$3的convertible优先股。它傻么？

这就是为什么做股票一定要下基本功，看到一家公司的真正价值和实力在哪里。