GREY:XEBEQ - Post by User
Comment by
Mick67on Mar 17, 2022 10:50am
194 Views
Post# 34521825
RE:RE:RE:Profit Profit Profit
RE:RE:RE:Profit Profit ProfitThey had other income from a revaluation of their PROFITABLE 60% owned Chinese venture, not included in EBITDA but below the line and included in net income.
my view is the quarter was nothing special with revenue beat and EBITDA miss. EBITDA i can accept as due to EUropean supply chain issues - not out of the norm. So call it average but the balance sheet much better as shorts were adament an equity raise was coming. They have a year of liquidity maybe more so improve the results and share price and then come to market if growth requires. This is as one earlier post stated is very bad news for short positions.
Especially when the call set a positive tone for 3-year growth target they will announce in 2 weeks. Have to believe they have some contracts coming to get people to go to Denver.
Good luck. And dont give the shorts your stock to easily. Make them feel pain for a welcome change.