RE:RE:RE:RE:RE:RE:$34 sucksNorthern Capital: What are you saying? The financial results are basically the same as those issued last quarter.
IFRS Net Loss - The FMV of any asset is the NPV of all expected future discretionary cash flows available to the owner. I believe that Adjusted EPS is more relevant in predicting future cash flows than the IFRS-based EPS. This comment is based in part on my (and analysts') belief that our company will not have to run out and incur the magnitude of (one-time) cash expenditures that it did in 2015, in order to be able to continue to generate cash flows for years to come. That is, the AMCo purchase was indeed transformational, and provides the platform for organic growth (eg 60 new product launches over next few years) and international integration of both new and existing products. In addition, the Adjusted EPS eliminates the effect on reported earnings as items such as the phantom FMV adjustment required to be made to COGS, re: purchased inventory.
BUT, I suspect that you are well aware of all of this already. As far as buying on Friday because of something somebody said on BNN about a take-out, etc. . . . I simply don't believe it.
Yes, I am a professional. I am not perfect, but I am honest. I refer to CXR as "our company", just as I would when referring to my own business. I work 60 to 80 hours per week to make the money that I invest. As far as I am concerned, I am one of many owners of CXR, and I take it seriously.