A bit of gibberish (from shorters?) on this thread. Or maybe just distorted writing form understandable frustration. Time will tell if LCM management corrects the damage. I see this mainly as costly restructuring to O&G (as LCM said last month). And yes, LCM would be in deeper trouble if it hadn't made the acquisition.
FICTION: "The key question is why was only the 3M EBITDA disclosed and not the dismal EPS... I guess that's what my issue is, LCM stopped being transparent." (from an earlier poster today)
TRUTH: Both HY13 with HY14 presentation use the same/similar template to report the results, including stating the EPS. Actually, HY14 has a bit more detail. Transparency hasn't changed. See below.
One might also question the "cash burn" argument. LCM stated this was a one-off restructuring, not bleeding losses. Again, only time will tell whose correct.
Ann: 2014 Half Year Results and Appendix 4D , page-10
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add VBC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
13.5¢ |
Change
-0.005(3.57%) |
Mkt cap ! $39.19M | |||
| Open | High | Low | Value | Volume |
| 14.0¢ | 14.0¢ | 13.5¢ | $16.36K | 117.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 46856 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 160337 | 1 |
View Market Depth
| Last trade - 15.44pm 13/11/2024 (20 minute delay) ? |
| VBC (ASX) Chart |