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Primo Water Corporation (PRMW) Message Board

  • panalta2000 panalta2000 May 15, 2013 1:13 AM Flag

    $2 by next week. BLOWOUT results. $1.9 MM EBITDA and $4 MM cash flow in slow seasonal quarter.

    Institutions are loading up PRMW going way higher.

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    • nonsense - while the stock might go higher initially today on the seemingly good numbers this should reverse later in the session as investors digest through the results and outlook.

      in fact a very weak quarter for the core water business was masked by a high number of dispenser sales which won't repeat going forward as this was just channel refill for the upcoming summer season. Guidance for Q2 is underwhelming to say the least. So another disappointing quarter masked by one time gains and truly disappointing guidance certainly are not the news investors want to hear. The company still needs to show any sign of execution.

      By the way: again ZERO sales of flavourstation inventory and no word on the call from management.

      The stock should be sold as management continues to overpromise and underdeliver.

 
PRMW
4.90-0.01(-0.20%)Jul 11 4:00 PMEDT

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