posted June 15, 2022 08:18 pm by GlassHalf
(4)
This press release was obviously done to try to offset the share price slide seen over the last 30 days or so. It did get some recovery today. Based on the timing I'm not sure if they are basing
...read more
posted June 13, 2022 07:58 am by GoodMonkey
(86)
Capital The Company does not anticipate requiring or raising additional capital in the near-term (see "Forward-Looking Statements"). Keyword is 'Near-term'
rate and reply
posted May 30, 2022 10:52 pm by smallcaptdr
(546)
Forgot to add that they are carrying lots of debt and thats one concerns why I'm not in but if it selloff then I'll make the decision. GLTA . This link has nothing to do with this stock but
...read more
posted May 30, 2022 05:38 pm by smallcaptdr
(546)
I like this stock and have been thinking about buying some but its not in favour, their revenues are great and they have lots of cash and only 90mil shares. I think that I'll pick some up on any
...read more
posted May 22, 2022 10:53 pm by GlassHalf
(4)
Bullfrog has been sold a number of times (most recently to Spark - what was that - in 2018 or so). it was at that time, about 4 times EBITDA with a VTB of everything but 2 million. My guess is that
...read more
posted May 21, 2022 03:28 pm by Ernieandbert
(116)
All fair points. No doubt this is 100% speculative. I still think they should sell Bullfrog as a partial if not total solution to their leverage, which is not uber high runniing at
...read more
posted May 20, 2022 09:45 pm by GlassHalf
(4)
To address your last paragraph first: 1. Paying a fee for a covenant waiver is certainly common (banks make money on fees). I believe the other waivers were something like $25k. I'm not surprised
...read more
posted May 19, 2022 11:52 am by Ernieandbert
(116)
A/P is debt but also part of WC and Cash, A/R and Inventory added up and A/P is deducted. In the case of SPG: A/R + Inventory = 71.2mm. A/P = 46.7. WC is a +24.5mm
...read more
posted May 18, 2022 11:09 pm by GlassHalf
(4)
Accounts payable is still debt (although trade debt is normally unsecured). Lease liabilities are also debts (at least according g to IFRS) You are correct about equity although the value is
...read more
posted May 18, 2022 10:45 am by Ernieandbert
(116)
"SPG now has a total debt of $155 000 000 and it keeps growing fast." --> Really? SPG has Total Debt of $82.7mm excluding leases (commonly deducted from total debt in all
...read more
posted May 18, 2022 09:57 am by GoodMonkey
(86)
SPG now has a total debt of $155 000 000 and it keeps growing fast. Net losses are also growing, they will never be profitable, will never be able to repay their growing debt
...read more
posted May 16, 2022 09:31 am by Ernieandbert
(116)
That is fair. But you are not significantly short so unless you have some in-depth analysis based in IFRS or GAAP accounting fundamentals, get off this board and move on to one of the other
...read more
posted May 16, 2022 09:26 am by GoodMonkey
(86)
I would not touch this with a 20 foot pole. There are so many great companies out there where to park your cash.
rate and reply
posted May 16, 2022 07:29 am by Ernieandbert
(116)
1) Revenues grew 25% yoy. Rather stunning growth 2) They guide to 48-49mm of SG+A which is about what they did in 2020 so that will snap margins back to where they were previously 3) That Going
...read more
posted May 16, 2022 03:25 am by GoodMonkey
(86)
I guess we didn't look at the same results, I see lower gross profits and a bigger loss (2,139M). But more importantly this part should not be ignored; Going Concern The Company is required
...read more
posted May 15, 2022 10:35 pm by cpac
(129)
That results would should a signiificant improvement?? Well, they did. Revenues up a lot and EBITDA improvement vs last quarter. Have no idea why they wanted to release on a Friday
...read more
posted May 10, 2022 06:36 pm by GoodMonkey
(86)
The Company plans to release its first quarter financial statements after markets close on Friday, May 13, 2022. I think we all know what that means...
rate and reply