Q: Hello Peter,
Can you comment on Vitahub's results? Why is Algonquin down so much as it was expected the company would sells its renewable business? Given lumine group results, is it better to move monies into topicus or csu? Lastly does it matter if company reports before the market or after the market?
Can you comment on Vitahub's results? Why is Algonquin down so much as it was expected the company would sells its renewable business? Given lumine group results, is it better to move monies into topicus or csu? Lastly does it matter if company reports before the market or after the market?
5i Research Answer:
VHI lost 1c versus a profit of 4c expected; sales of $16.2M beat estimates of $15.5M. Sales rose 24% and EBITDA rose 41%. Cash is $33M and EPS is projected to double next year. We are comfortable here. Multiple comments are posted today on AQN. We would still be comfortable holding LMN. Reporting times do not really matter. Most companies pick before or after market and generally stick to that schedule over time.