PRG 0.00% $1.21 prl global ltd

The problem with guidance these days, is everyone has started...

  1. 5,015 Posts.
    lightbulb Created with Sketch. 543
    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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