I think they already told us it has to do with different standards for GAAP in Mexico vs US for recognizing loan impairments.
Moody's had some positive things to say about "Red Lobster Acquisition" the entity that borrowed to buy the restaurant operation and that pays the rent to ARCP.
RLA is amending its revolver, and Moody's views the change positively for their debt.
But remember: ARCP does NOT operaate Red lobster restaurants.
So, when you say "you were told" what exactly do you mean? When werre you told January?
You wouldn't by any chance have maintained a "timeline" of events related to this capital project, would you?
Do you recall what the original deadline was for delivery of the equipment from the German vendor and when it actually arrived?
It seems as if it is close to 4 years since they originally announced that they would pursue the project. Maybe I am getting old and it was only 3 years.
Yes, I could do some actual research, but if someone has the info handy, I don't need to duplicate that effort.
Anybody ever heard of betaxanthin?
I heard about it reading a NYT article today about a way of using yeast to produce morphine, allowing production of morphine to be separated from the growing and harvesting of poppy plants.
check out the captio to the photo in the article.
So, is the installation and operational status of the new manufacturing equipment a "material event" taht would require the filling of a Form 8-K to tell investors that it is up and running?
Or do they keep it a secret until the earnings release (or bury it in the Form 10-K)?
I tend to agree that any "settlement" (even if under confidentiality agreements) will be like blood in the water to the legal sharks and should be avoided if at all possible.
Thinking it was an outright stock grant, not an option exercise.
Only real way that the prices can be identical and equal to the current market closing price.
Nothing a primer on technical analysis couldn't do a better job of.
Notice, also, that the pullback in late-April/early-May was contained on the downside at a level above the Aug/Sep 2014 highs.
Maybe you could explain the reasoning behind your optimism and quantify
the basis for what you think it is worth?
That would be a good start for discussion.
Nice handle, by the way, though "666" would have been more dramatic than "777"
but I guess the casino reference is appropriate.
Revenue growth (YoY) in digital signage slowed from 50% in the Dec. quarter to around 32% in the current quarter.
Current quarter guidance of breakeven is was not expected.
There is no secondary coming.
They are generating FCF.
They are debt free.
The difference between GAAP and Non-GAAP is now pretty minimal.
Well, the financial statements show GAAP and the difference is mainly option expense, which is non-cash
Great pair of posts; many thanks;
I couldn't listen this morning but this is completely in line with my expectations except for the possible divided is lower.
I know you said this is your opinion.
How much did you have to read between the lines here, or is this pretty much straight
reflecting what they actually said?
If you are disappointed with the dividend, YOU HAVE NOT BEEN PAYING ATTENTION.
Loading up at 8 would be nice.