Author Topic: GUD.V - Knight Therapeutics  (Read 60744 times)

finetrader

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Re: GUD.V - Knight Therapeutics
« Reply #180 on: November 13, 2020, 09:59:38 AM »
I bought some GUD this week.

thesis: A bet on the CEO

The time horizon for the thesis to play out (or not) is pretty long so I kept it relatively small position in portfolio.
Live to invest, invest to live


no_free_lunch

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Re: GUD.V - Knight Therapeutics
« Reply #181 on: November 14, 2020, 07:08:35 AM »
I had a quick look at the financials.  The GBT numbers look horrible. They were not great to begin with and seem to have gotten worse.  Even if you back out amortization they had an operating loss whereas last quarter there was an adjusted profit.

snowball82

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Re: GUD.V - Knight Therapeutics
« Reply #182 on: November 14, 2020, 01:25:16 PM »
I had a quick look at the financials.  The GBT numbers look horrible. They were not great to begin with and seem to have gotten worse.  Even if you back out amortization they had an operating loss whereas last quarter there was an adjusted profit.

Really? What were your expectations in the current environment when the reps canít meet the doctors ?

no_free_lunch

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Re: GUD.V - Knight Therapeutics
« Reply #183 on: November 14, 2020, 02:35:35 PM »
The Q3 numbers being worse than q2 is hard to explain by covid isn't it? 

snowball82

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Re: GUD.V - Knight Therapeutics
« Reply #184 on: November 15, 2020, 06:30:59 AM »
The Q3 numbers being worse than q2 is hard to explain by covid isn't it?


Here the transcript:

https://finance.yahoo.com/news/edited-transcript-gud-earnings-conference-133000718.html

Other than currencies and delay to get sales traction for current products launch, do you see other explanations?

snowball82

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no_free_lunch

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Re: GUD.V - Knight Therapeutics
« Reply #186 on: November 16, 2020, 07:02:25 AM »
I think you are right snowball, it is probably just delays.  Still.. I am skeptical.  I will give them a few more quarters.  Interesting that it is having no response to covid vaccine announcements.