RE:RE:Net Debt Balance - As of Last Report
caretired1 wrote: And you think the 411m in debt will be zero this qtr or next??
I didn't state my own numbers. Those include incremental net sales figures. I also noted 1 or 2 reports, not necessarily the immediate report.
Here's the challenge we all face. Projecting numbers is very much subjective. Yes, we can look at historical expenses and revenues and we can even project out cost savings based on what we know and what statements were made by the Company. What actually happens and what gets reported is something that can vary greatly.
Let's say it all goes really well. The company could surprise us with higher than expected sales from their new products. They could also surprise us with better than expected cost savings. The net impact would be a very positive one.
Let's say something doesn't go well. The company could surprise us with the disclosure of equipment breakdowns, shipping issues, etc and higher expenses. These items could come together as a fairly negative one for investors.
I know for the fact what the CEO's plans are as I have watched all of his interviews and tracked the QTR reports so, IMHO he is actually executing his plan and making progress. I also know for a fact that the company is releasing new products which (IMHO) are likely to do well. I know for a fact that they are cutting expenses from selling of BioSteel and selling off components of the operation that are not part of the future vision for the company.
The numbers behind all this is something I can speculate on through estimates, the same as anyone else who wants to make the effort. The reality is still the same however, the company will be reporting what actually happens, all we can do is speculate and try to see if the market is presenting an opportunity for an investment or trade for a future gain that the market did not see coming.