Post by
Helloworld on Nov 14, 2023 8:16pm
Q3 Comparison
Bir just reported.
Funds flow of 27 cents a share
Free funds of 2 cents a share
Share price of 7.50.
Comment by
Hendrick3 on Nov 14, 2023 10:01pm
That is one troubled company and yet they have a stock price 5x ygr. Stock should plummet tomorrow
Comment by
kavern23 on Nov 15, 2023 12:32am
Bir was brutal release and paying divy still. Big thing that is going to hurt stock price is the increase in debt for 2023. Last year NG prices bailed them out and paid off so much of their debt and this year increasing debt while paying a divy. Shorts will attack that. Interest rates are not cheap right now.
Comment by
cfliesser on Nov 15, 2023 10:25am
I think it all comes down to market cap when money is tight. Portfolio managers wanted to "reduce risk" so they shift money from small cap to large. Leads to lopsided valuations