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Bullboard - Stock Discussion Forum Vicwest Inc VICUF

GREY:VICUF - Post Discussion

Vicwest Inc > Q4 Results
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Post by Honestjane on Mar 02, 2014 4:50pm

Q4 Results

Why are results delayed to the end of March.  They normally report 1st week of March.
Comment by Honestjane on Mar 04, 2014 9:54am
Some possible reasons?   Material announcement pending New CFO as of early Feb needs more time (4th CFO in 3 years) Audit issues See how Q1 is unfolding if Q4 isn't great.
Comment by Honestjane on Mar 17, 2014 12:24pm
Ok I guess #1 and significant enough to  have to do it now and move Q1 results reporting out.  And we have to wait another week for those.
Comment by Honestjane on Mar 18, 2014 3:38pm
So #1 was the material announcement on my list above which was refinancing of credit facilities to something less restrictive (covenants I assume) supposedly to take advantage of commodity market pricing.  They were using the previous facility for that but things have obviously become tighter.  And Q4 results tba next week which is later than normal.  So this would all appear to be ...more