Post by
MikeySwoosh on Aug 01, 2016 2:53pm
Q2 prelease...how about it MT?
If MT and the boys are going to post reasonable Q2 numbers and again reiterate financial performance expectations for the remainder of 2016, they should really consider prereleasing the headline Q2 numbers, or perhaps the entire quarterly report. Shareholders have taken an absolute drubbing, and a lot of it is based on speculation. It seems to me like a fiduciary duty at this point, with the amount of damage that has been done. Also, If MT wants to silence/punish his critics, no better way to do it than catch those speculators off guard by releasing constructive information without warning. Of course, all of this hinges on a decent report, and constructive opinions on the future, but everything that MT has said thus far seems constructive, so has MT been unforward, or is he just willing to allow his company's shareholders to suffer for another 11 days, while shortsellers continue to profit?
Comment by
wallop13 on Aug 01, 2016 3:02pm
Expect them to lower guidance. It was based on GBP of 1.52. If they reiterate, it's a huge beat given Brexit. I can't see it to be honest. Still will have a great multiple with anything over 550M.