GREY:CHALF - Post by User
Comment by
PortlandBlazeron Aug 19, 2020 6:58am
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Post# 31426798
RE:RE:Should be close to EBIDTA positive
RE:RE:Should be close to EBIDTA positiveSpent time on the report last night.
Same store sales were amazing at +34%, so was the +96% jump in wholesale. Here's the thing. If cash consumed in ops was $137 in Q2, it was unlikely three months at $46 each. The trend from Q1 is clearly in the right direction. If trends are positive, Q2 could have been for each month, this is just a guess, -200, -100, +163. Were they cash positive in the quarter? My guess says yes. Were they cash positive for the quarter? The report says no. When will the share price reflect that there’s been a turnaround? Anybody’s guess. Some guys will wait 90 days for the next report. Some guys will buy now.