OTCPK:GSFVF - Post by User
Post by
VPofFNEon Nov 07, 2012 9:34am
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Post# 20571326
What to expect from today's financial release
What to expect from today's financial release I suspect that the financial results from GFS today will continue to be disappointing as there has not been significant enough time to benefit from the cost savings put into place by the interim CEO, as well I suspect there has been severance costs that GFS will have to eat.
That being said, I hope they point to highlights of improving results. Cost savings, 5 crews being kept busy, and possible discussions with disposing of unsed assets to bring debt covenants onside.If we see this, there should be a renewed interest in GFS as it should be performing much better than it was.
VeeP