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Alias Born | 03/05/2014 |
Thursday, February 18, 2021 1:22:08 PM
of doom & gloom we (Albemarle with Morgan Stanley's help) rammed into your ears all through 2020.
https://www.miningweekly.com/article/lithium-producer-albemarle-expects-recovery-in-sales-as-results-top-estimates-2021-02-18
Last quarter earnings are $1.17 beating the previous estimate of $1.10 a share... and the overall 2021 forecast looks yummy yummy great.
Reporting Live from Chile:
Bloonberg Reporter Karen Rodriquez: Senor, Crystalballs, we have returned to your office after the break for your lunch and 2-hour afternoon siesta which interrupted the interview we were conducting with you before your meal/sleepy time. Are you prepared to continue now?
Crystalballs: Si.
Bloonberg Reporter Karen Rodriquez: Albemarle has issued an impressive earnings report this morning for the last quarter. Can you tell us what the earnings report will be for MSB in the upcoming quarter?
Crystalballs: Define "earnings".
Bloonberg Reporter Karen Rodriquez: Earnings is the amount of income you will take in after all your expenses are paid using revenue you receive from selling your lithium.
Crystalballs: We estimate that MSB will not deviate hardly at all from the earnings figures we have reported for the last 4 years.
Bloonberg Reporter Karen Rodriquez: Which is what?
Crystalballs: Zero dollars... and
Bloonberg Reporter Karen Rodriquez: And what?
Crystalballs: Zero cents.
Bloonberg Reporter Karen Rodriquez: And to what do you attribute this disaster to?
Crystalballs: Poor management. If we were rich... we would have then made some money.
Bloonberg Reporter Karen Rodriquez: But... but... that is not a real business principle. Clearly you have never heard of Adam Smith who wrote Wealth of Nations or financier Warren Buffet... who do you listen to for business advice?
Crystalballs: Yogi Berra,
Bloonberg Reporter Karen Rodriquez: Gheesh, I should have known.
Crystalballs: Si, you should have known.
Camera is switched off
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