Glacier Media Inc T.GVC

Treading water

[undervalue]

The q had a lot of noise, but, the co. Is experiencing a recession.  Results are cash neutral, we are going sideways until rates drop and core markets respond.

[bigreturn11]

Met with management in October 2022 and again through phone meetings. From the start they maintained that softness would be likely until the end of H1 2023 and then back to growth mode. NCIB was cut to instead invest into their growing tech segments that will be worth multiples of the current share price.  

[kk-ppmc111]

Good to know that somebody is in contact with management.  Which member of the management team were you talking with? I noticed that the NCIB was no longer taking place.  Should be interesting to see how low the price will get walked down.   Also, I wouldn't rule out a financing to "grow" the business, and position a buyer(s). As was said, this is a private

[bigreturn11]

I speak woth Orest who is CFO and IR for GVC. Orest is a straight shooter and will definitely tell it how it is   As per the last line on all news releases "For further information please contact Mr. Orest Smysnuik, Chief Financial Officer, at 604-708-3264."

[Martin1]

I swear I have read this line for 23 years. I should learn but never seem to. Despite the challenging economy, the Company continues to focus on a combination of generating long-term revenue gains in its growth businesses and cost management in its legacy businesses

[kk-ppmc111]

Yes, that is straight up boiler plate useless verbage.  Perversely the lower the price goes, the higher probability of a corporate reorg (such as a privatization).  This is already a priv co masquerading as a pub co.  Perhaps if it drifts to 15c-20c and finds a home there, a go private at 30c or so becomes not only possible but probable.