COF 1.69% $1.21 centuria office reit

Is it the worst outcome of all time?The non-cash charge to write...

  1. 169 Posts.
    Is it the worst outcome of all time?

    The non-cash charge to write off goodwill is very much a clearing of the books and should have probably happened earlier in the new management's reign.

    The 10% + miss on EBITDA is annoying but it only takes a small miss on a project to drive such an outcome when you are talking about such a low overall EBITDA.

    EBITDA is still growing strongly and the underlying themes are still there.

    The big concern for some will be that management has missed and that puts a dent in their credibility. It's now up to them to get it back.

    Dont give up on this one!
 
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