OTCPK:MGMXD - Post by User
Comment by
BoldForbeson Aug 16, 2017 9:39am
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Post# 26586790
RE:Excuse # 127 this time for Q2
RE:Excuse # 127 this time for Q2Apparently, I have lowered my expectations for performance => easy to beat. This might be a reaction to some of your points.
The market increased the expectations for performance => apparently management did not meet and therefore the stock price will not have a positive 50 day and 200 day average.
Is the stock training you to sell at $6 CAD and buy at $4.50 CAD?
The EBITA earnings might be a better earnings guidance or cash flow by power plant since most of the cash out flow is in the build, the depreciation has already been spent.
I don't usually like EBITA earnings...
I still believe the current pipeline shows good promise, additional project should increase the potential.
Reality keeps optimism in check from time to time, but don't let it defeat you and turn your mindset,
BF