Who gives a crap what the analyst says...they don't have a clue. Just worry about ULTR posting solid numbers...the stock price will then take care of itself. Receivables keep rising through the roof. Do they ever collect on them??? Will they ever be cashflow positive?
Regarding the river - is it the case that they generally pass on their increased costs on a year delay because they typically have annual contracts? Can someone confirm this? Thanks.
"Who gives a crap what the analyst says...they don't have a clue. Just worry about ULTR posting solid numbers...the stock price will then take care of itself." DaBreeze21
Who gives a crap? The market. That's a LOT of people. Far more often than not an earnings miss translates into a lower share price. Or do you think, since analysts don't matter, that the share price will rise tomorrow on this 3Q news? If so, please say so before market open if you want your genius to count.
Worry about solid numbers? That's exactly what I am worried about, and have been for nearly two years... the last 11 months of which have seen the share price drop from $7+ to 3. I guess I could say the stock price HAS been taking care of itself... which is why yet another earnings miss won't reverse the trend. Can't wait for tomorrow's cc to find out the latest USDA soybean projections or Petrobas' forecasts for services. I can guarantee they will cover those points, but I don't expect them to address DSO or provide timelines for positive OCF. Maybe they will tomorrow, but they never have before. Remember?