GREY:XEBEQ - Post by User
Comment by
tony08on Jul 29, 2022 1:46pm
220 Views
Post# 34860583
RE:Canadian Markets are closed Monday
RE:Canadian Markets are closed Monday EndGame11 wrote:
Don't get too excited! Wait for Q2 in 2 weeks. 3 outcomes possible. If you see material improvement you could take an initial position. If there's mild improvement wait for Q3. If it's worse, good luck If you're holding.
[/quote
Why would we need luck after Q2 results if it's worse and were holding?? Everyone who follows the stock is hoping for a slight improvement at most for Q2, but everyone knows that the results should only improve towards the end of the year.
All those who follow xebec know that the benefits related to the Summit contract will not yet be accounted for in Q2 and that the costs related to the legacy contracts will only end at the end of the year.
So just don't expect anything special for Q2, and be patient for another quarter or two..... We should start making gains then