Good broker reports are like rocking horse s..tTough to find....

Good broker reports are like rocking horse s..t
Tough to find.
Brokers placing a buy generally means you buy, while i exit.
These are probably the same brokers with a buy for the last 6 months with the sp in steep decline.

For me, the fundamentals will come through in the end, sp is leveling nicely and new CEO is gold.

Good to point out that it wasn't missed payments.
Negotiating new covenants like the ICR is neutral really.
Bad, that it needs to be done at all.
Good, as the banks are comfortable.

Valuation is near on impossible without knowing earnings and being treated like a mushroom.
NPAT earnings and nothing that has ebit and a hundred letters behind it, pulling you away from cash hitting the coffer earnings that matter.

Now, back to morning tea and planning holidays....
Mav