OTCPK:CUUHF - Post by User
Comment by
Capharnaumon Mar 05, 2019 9:38pm
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Post# 29447236
RE:What is 2018-4Q Revenue going to be?
RE:What is 2018-4Q Revenue going to be?RetailRube wrote: My big issue is the revenue has declined for 3 quarters sequentially in 2018. This is important to me because in 2018-3Q, excluding mark-to-market profit from the stock price going down, they only made about $500,000 in after tax earnings (by my calculations). So if the 2018-4Q revenue is down again vs 2018-3Q, they may report a loss in 4Q (excluding mtm profit from the stock price going down).
Nice call... nailed it.
Revenue down, a loss and a 50% cut to the dividend. From the NR, looks like Q1 & Q2 2019 will be weak as well. They say things will be better in Q3 & Q4 but imo they'll be in a "show-me" mode.
At least they will be able to fund buying back the convertible debentures.
I guess share price will test the lows.