Exide Technologies fka EXTC

[coldengineer]

Operating Income was actually positive vs negative since August. I see that as I huge positive even considering the massive increase in advisor fees and lower net sales. It shows me that they are leaning up and getting profit % higher.

However biggest indicator for me is overall net loss is 1/3 from last month and 1/5 from August which is also amazing. Overall trend is going to positive which I see happening around February. That is where the share price starts to climb as they show a healthier business.

Indications from my contacts at Exide point to roughly 15% higher sales in January than December. Who know what expenses or profit margin that will be at but at least net sales will be up.

I'm still expecting a 50% dilution like Yank said but that may be optimistic. They won't be exiting for at least another 14 months so that gives them plenty of time to pay down debts and get their affairs in order to preserve shareholder value.

GLTA