RE:RE:RE:RE:RE:Failure to appreciate the new paradigmI don't think you are understanding something here, the point iscfa is making is that investors have the notion that this snowball just keeps growing and growing in positive direction without pause. Then we get weaker 2021 q3 than hot q2 with 618, like physics negative acceleration, albeit still in the positive direction. But the notion amongst investors is that nothing but positive acceleration. Investors don't just watch yearly guidance, quarterly is very important, and mgmt did not communicate that q3 would be lower than q2 etc because of 618 ahead of time so some investors felt like jumped into an ice bath for a bit.
maryhill wrote: lscfa wrote: WRONG.
| October 2018 forecast | 2020 | 2021 | |
| Revenue | 39,683,000 | 94,265,000 | |
| ebitda | 20,057,000 | 56,558,000 | |
| Ebitda margin | 50.5% | 60.0% | |
| | | | |
| February 2020 forecast | 2020 | 2021 | 2022 |
| Revenue | 40,000,000 | 55,000,000 | 80,000,000 |
| ebitda | 4,000,000 | 22,000,000 | 55,000,000 |
| Ebitda margin | 10.0% | 40.0% | 68.8% |
maryhill wrote: Sorry you feel you were misguided.
Management has given guidance on year to year and has not missed. Never assume, thats when you make a ASSoutof U and ME
lscfa wrote: Mgmt failed to guide properly. They let us assume that revenues would rise qtr after qtr when they knew that Q3 would be weaker than Q2 and Q4 will be at record levels. There is a regulatory requirement to disclose in MD&A's, AIFs, etc if there is any seasonality to the business. Mgmt needs to start explain the Q1 is impacted by Chinese New Year, Q2 is impacted by 618 and Q4 is impacted by Singles day.
prested wrote: Companies like Tenet are the future which is why the traditional analysts are totally unable to understand it, in the same way I am unable to understand Bit Coin. I've had it explained to me. I've read articles on it, but I still cant comprehend it.
This is the predicament the analysts are in. So, their response is the same as those who said that pop music was a passing phase. They brush it off. But the reality is that this company os going to blow doors off. I am tempted to sell a few underperformers rather than wait for them to come bacl, and invest even more here. It truly is amazing IMO.