TSX:SRV.UN - Post by User
Comment by
JayBankson Dec 25, 2021 4:25am
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Post# 34262060
RE:RE:Fiscal 2022 First Quarter Results
RE:RE:Fiscal 2022 First Quarter Results I haven't read many quarterlies from this company yet so I don't know thier normal tone, but that sounded somewhat ominous with few attempts at perks.
As you mention they compare where they have been during this pandemic, but I like your comparison of 75% of where they were, I think that's more useful info especially since this situation isn't over. It signals there is upside, but mentioning closed locations and one not contributing and laying out the already known restrictions kinda reinstalls they are still in rough shape.
The mention of losses followed by the section on "Liquidity and Capital Resources" sounded rough. I don't think there would be an issue negotiating longer term credit agreements and the like, but it seemed like a shot across the bow.
Does anyone that's used to this company think this is normal speak? Or am I reading too into these statements? It seems to signal they wouldn't be surprised to see a rougher outlook for themselves.