RE:Q4 - Quarterly - Delayed Last Yearschocor wrote: I have no insight into when the Q4 financials will be out. I know March 30th was last year, but they were delayed (buy 2-3 weeks?). I am thinking early to mid March for his year. A word on what they MIGHT use an equity financing for would be nice - but maybe a little for that kind of news. I think I will take a starter position on this stock this week and am hoping for 5.25ish entry point.
Hello Schocor.
You are right on your observation ... but I don't think he's had much to say for a long while - hahaha!
Anyway, I have a bunch of questions for the company. Will let you know if I learn anything on the plans for financing.
Keep in mind that it's probably just good planning to have the shelf prospectus ready to go. Goodman prides himself on always going to market at higher valuations so I wouldn't expect it happens under $12 (or so).
They have lots of cash to use right now.
The only time I see GUD going to market below the last offer price would be related to all the stars lining up imperfectly ... and all requiring cash now ...
- A deal with existing partners in new geographies that is time sensitive
- A deal or deals in Mexico that need to close immediately or we could lose them
- Rolling out TUSLA across Canada
- Acquisitions in South Africa or other ROW countries that are too good to overlook
The more likely scenario will see a few deals occur while LATAM is optimized, causing the share price to return to higher levels (~$12+) and then cashing up to be in acquisition mode again. The window is so big that any of it could happen over the next 2.5 years.
All in my opinion.