RE:RE:any news on when KAT will release its earnings?IMO, there is going to be little activity in terms of SP and news until the 8th. We might even see a price of mid 0.80s as well as people are getting spoked.
I don't t see much for announcements out of the quarter report other than stating the obvious. In the conference call, they will go out of their way to mention that the boat anchor of debt is not on the books. They will also point out most of the one-time expenses (aka bribes) have been addressed and paid out.
IMO, Aug 9th this stock is going to be up. Most of the shorts should've been the first out as they need to cover as the bad news they were expecting / wanting doesn't exist. We'll likely see heavy volumes as well.
I wish I had more cash on the sidelines.
topdop wrote:
Reporting dates: very often big KAT clues come ahead of time and as released by Glencore (August 8th). Nothing on Bloomberg regarding KAT's date. I have emailed KAT IR and as soon as I get an answer, I will advise. These are my views only. Thanks for reading.