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Old PSG Wind-Down Ltd PSGLQ

Consumer Cyclical Leisure
"Old PSG Wind-down Ltd designs, develops, manufactures and sells performance sports equipment and related apparel for ice hockey and roller hockey, baseball and softball, lacrosse and soccer. Its brands include BAUER, VAPOR, SUPREME, and NEXUS."


GREY:PSGLQ - Post by User

Old PSG Wind-Down Ltd > Interesting to say the least
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Comment by mjh9413on Mar 08, 2016 4:06pm
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Post# 24635961

RE:RE:Interesting to say the least

RE:RE:Interesting to say the leastInteresting, yes, but that 31c reduction due  to forecast sales reductions (in addition to the est 9c impact of Sports Authority) is just too LARGE!!! Sports Authority seems to be use Chap 11 to avoid significant costs of their re-org (store closings) but the letter on their website says nothing of their overall financial condition. I recall the recent lambasting of the currrent CEO and his strategy made by the ex-CEO (and shareholder). Haven't heard what the latter is saying on this but hopefully it will herald some quick changes of Execs and the Board as I did take a bite at USD3.  
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