What are you talking about ? This bond won't be issued, actually it will be paid back in full this week.
not just impairments, they recorded a giant operating loss:
Overall net loss: $26.7 mln
Goodwill impairment charge: $23.9 mln
Asset impairment charge: $2.3 mln
Severance charge: $0.5 mln
But they also recorded a $14.3 mln gain on the sale of certain properties.
So the operating loss for the quarter was a whopping $12.4 mln, or around $0.20 a share with analysts expecting a PROFIT for the quarter...
a giant loss for the quarter - management tries to sugarcoat this but I don't think analysts will buy it tomorrow
The agreement ends at the end of 2015 but the great days of tanker rates might be already over then. So there's really nothing to win here for FRO shareholders as usual.
The guy is the FOURTH CFO within two years...you might feel great about it but I think it is just another red flag with regards to fraud.
Everybody should short the shares on this totally worthless news. The company announced the much larger high speed train concession already six months ago and absolutely nothing happened to the share price,
Installing Wifi on ordinary trains for people who never even heard of wifi doesn't make much sense to me anyway
so why did they buy just 5% ? Doesn't make any sense to me - looks like the kind of transactions NQ Mobile undertook for some of its subsidiaries
while this might prove succesful short term it does not look like a smart move to me. If the brand has strength I would rather invest to build on it instead of cutting back on expenses just to grow the bottom line
Back to start with Gensco
another great call here
In fact I would have expected a potential commercial agreement to come with a much stronger commitment of the partner such as buying a significant equity stake in the company and injecting some much needed cash. This is close to nothing and pretty disappointing. That's why the shares don't push higher this morning. Sell
I would strongly advice to get short the shares here as the agreement at this point obviously isn't financially material. Otherwise the company would have been obliged to release the key figures.
don't think the shares should run based on the results and outlook
the company remains a joke
Company is willing to build up NAND inventory hoping for better pricing in the secand half...
looking for $8.50 at the end of the week but longer term investors should hope for the company to get acquired