Post by
mountainpose on May 14, 2018 10:37am
One of the most misleading earnings reports I have ever seen
. 1. Adjusted for this and adjusted for that. "I SAY NO". I want the real numbers. 2. Processed goods 68% of total sales? Horrible representation as grain handling was off a cliff so of course the percentage is higher. The accurate comparison would be with the last quarter, not total sales. For any growth, in any section. 3. "Management is not sorry" for being so optimistic. You have lost your shirt haven't you? Didn't you know this was a commodity business, and all commodity businesses will tank at some point? The problems with India are political. Grain handling has a shipping problem. These problems are not commodity related at all. Those problems are structural and will not just "cycle" away. This train has no brakes! What a mess. What a shame for the CEO to use his good reputation to misguide people.
Comment by
longsolo on May 14, 2018 5:33pm
Your post's lack substance. After you take all your bullshit words away, the only thing you should have typed was "misguide people".