RE:RE:RE:5 to 10 % drop tomorrow on revised production targetForeign exchange loss. Their debt is in American so as the US dollar goes up so does their debt.
Thor16 wrote: Although they did beat expectations, these are incredibly poor earnings considering. Even worse is their actual debt levels considering early redemptions. Someone needs to explain how debt increased quarter over quater (15.2-15.7) net. LTD lowers 1.1B and debt levels rise. Will have to figure out why at a later point however first glance earnings quality is poor. Guidance worse. Expense control "uncontrolled". Really ugly. Shares are too inexpensive to liquidate and maybe the company suceedes in spite of itself however this is borderline awful given the business environment.