galumay
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Never forget...
(language warning!)
(language warning!)
GYG - Guzman y Gomez
- Thread starter Sean K
- Start date
-
- Tags
- guzman y gomez gyg
galumay
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Also,
RFG, $7.3m NPAT, Market Cap $200m
GYG, $7.3m NPAT Market Cap $4b
Make it make sense!!
RFG, $7.3m NPAT, Market Cap $200m
GYG, $7.3m NPAT Market Cap $4b
Make it make sense!!
Sean K
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Those numbers make GYG look like a tech startup unicorn, not a fast food joint selling nachos. I don't get it.
Sean K
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GYG got a please explain from ASIC about the lack of guidance.
The response is a jumbled mess.
The response is a jumbled mess.
galumay
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To be fair to the Burrito Business, they are replying to the moronic request from the ASX, partially asking about any potential variance between sell side analysts predictions consensus and actual corporate results. Just stupidity, if there is a variance ask the analysts why they got their forecasts wrong. This concept that a company misses earnings if the analysts are wrong (again) does my head in. Alternatively the ASX could write a letter to investors asking why they take any notice of analysts consensus forecasts given their historical inaccuracy!
Performative twaddle from the ASX.
Performative twaddle from the ASX.
Sean K
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Four pages of a moronic request.
2.3 If paragraphs Error! Reference source not found. and Error! Reference source not found are not applicable, the date when the entity first became aware with a reasonable degree of certainty that its expected earnings for the relevant reporting period would vary from, or be in line with, GYG’s earnings for the prior corresponding period.
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Ooops data entry guy in Bangalore or wfh on 4 different jobs in a Melbourne suburb forgot one entry.Four pages of a moronic request.
2.3 If paragraphs Error! Reference source not found. and Error! Reference source not found are not applicable, the date when the entity first became aware with a reasonable degree of certainty that its expected earnings for the relevant reporting period would vary from, or be in line with, GYG’s earnings for the prior corresponding period.
But we feel confident in the safeguard in place and the big stick guy
Dona Ferentes
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sort of one of those boring playthings .
coming up for 10 months since IPO
.
from the wires
About 2.5 million shares in Guzman y Gomez changed hands before Friday’s opening bell, in one of the first selldowns from its IPO backers after the first leg of selling restrictions expired last month.
The trade, handled by Morgan Stanley, was worth $80 million and done at $32.90 a share or a 2.5 per cent discount to Thursday’s close.
Of note, the size suggest TDM Growth Partners as the most likely seller. Further, fingers were pointing to Capital Group, a long-only fund that backed the IPO, as the buyer. Short interest in GyG had risen to nearly 11 per cent of the free float, suggesting the selldown was well anticipated by sharemarket investors.
coming up for 10 months since IPO
.
from the wires
About 2.5 million shares in Guzman y Gomez changed hands before Friday’s opening bell, in one of the first selldowns from its IPO backers after the first leg of selling restrictions expired last month.
The trade, handled by Morgan Stanley, was worth $80 million and done at $32.90 a share or a 2.5 per cent discount to Thursday’s close.
Of note, the size suggest TDM Growth Partners as the most likely seller. Further, fingers were pointing to Capital Group, a long-only fund that backed the IPO, as the buyer. Short interest in GyG had risen to nearly 11 per cent of the free float, suggesting the selldown was well anticipated by sharemarket investors.