PRG 4.92% $1.16 prl global ltd

Paterson, page-17

  1. 4,999 Posts.
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    The problem with guidance these days, is everyone has started using EBITDA. So you can meet your EBITDA of say 100 million, but still have a whole lot of nasties like higher than expected interest or restructuring costs or write downs to make NPAT very low.

    Anyway I am in for the long term and have quite a lot of confidence over the next couple of years, so not too worried about this result.

    Shorting has jumped over the last couple of days. It was around 5% of daily volume and is now over 20% of daily volume, so maybe some people gambling on a bad result. It would help push the price down.

    All will be revealed on the 24th
 
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