New Money Needs to Park their Toys Somewhere: Sky Harbour Group Corporation $SKYH
4 months ago
Unemployed Value Degen
"SKYH (overview): Luxury jet hangar developer targeting 33-36% ROE via 5x leverage & tax-free muni bonds. Current 89% Nashville occupancy after 3yrs concerning. Revenue tracking close to 2022 targets but OpEx much higher than projected 15% of rent. Trading 5x 2028 rev estimates. Mgmt targets $40-80 price in 7yrs but significant dilution risk from $80M warrants at $11.50. Pass due to execution concerns & valuation."
Sentiment
neutral
Conviction
Medium
Tier
Trade Call
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Episode Information
Episode:
New Money Needs to Park their Toys Somewhere: Sky Harbour Group Corporation $SKYH
Source:
Unemployed Value Degen
Published:
August 28, 2025
Idea Type:
Stock Idea