RE:RE:RE:RE:RE:RE:RE:RE:RE:Form001 the real troll here, bewareLol @ 'completely expected'; just on the FCF aspect alone the beginning-of-year expectation for 2022 was $50 million; in August based on stellar numbers Bomber updated 2022 guidance to $515 million. They're using that extra cash flow to vastly improve LTD debt more than what was expected, thereby increasing future earnings because of hundreds of millions less in interest payments going forward. With the Q4 ER we're going to get updated improved forward guidance for 2023-2025.
Like I said, you're clueless.
Alexcanada wrote:
Nordico wrote: Nothing has changed fundamentally? The past 4 quarters have been stellar, and Bomber is showing the Street that it is successfully managing a turnaround; the upcoming Q4 ER will provide further proof, which is going to bump up the valuation multiple and more institutional investment. You think it should retrace because it fell from $2 a year ago as the whole market was tanking? Clueless. You need to assess stocks/companies while forward-thinking instead of looking backwards.
Alexcanada wrote: So you think that BBD is going to go straight up to 75$-100$ without retracing lower ?
Nothing has changed fundamentally with this company during the last year.
However SP was already at 2 presplit one year ago, then reached a low of 18$. We are now sitting around the same 2 sp... People who made money are the ones who did add shares when the sp was plummeting (as I did).
So is it time to add shares ? No I don't think so. It's time to get rid of some.
when I see some people like Sylvia saying that she was in the red, then saw her portfolio barely in the positive, I say to her : sell some and enjoy the profits.
I think that you are clueless since what happened in the last 4 quarters was completely expected, dixit Martel himself.
Yes the market is forward looking and that's why I bought a ton of BBD shares under 25$ and sold half of these in the last week.
What I'm telling you is if, for whatever reason, they lower their expectations in the next few quarters, the stock will tank accordingly. In any case it's a win win situation for me since I've already made my money with this stock.