RE:RE:RE:like a twig ...wagyusteak wrote: Chianchin wrote: The usual llosers are out in a swarm licking their wounds and crying out loud. Need not too worry of the past as the worst for GUD is yet to come as now they no longer have a lot of cash left to go burn. Maybe GUD will do a pp at $1.50. Great deal
Not that this deserves any real time but I'll give it anyway. Saying GUD burns cash is wrong. It assumes they have losses. They don't. The price has gone down, but the company doesn't have any losses. Not from a net earnings perspective, nor a cash flow perpective. However, they have made accretive investments.
| | Income | Op Cash |
| 2014 | 126M | 0.8M |
| 2015 | 34M | 7.6M |
| 2016 | 19M | 14.7M |
| 2017 | 17M | 23.5M |
| 2018 | 24M | (5.7)M |
| 2019 | 18M | 4.6M |
| 2020 | 32M | (12.2)M |
| Total | 270M | 33.3M |
We're heading towards the back end of Covid it seems and from last quarter, it looks like the worst is behind GBT. We will get more color on Friday regarding this. Even if the CDN dollar continues to strengthen it will just keep the positive GBT earnings lower on a relative basis, which is what is most likely keeping the stock down for now.