The Q is horrible to say the least. You might remember my posting where I said I would be happy if we stay above 2 after Q1 results. Well here we go.
65 cents for this year is beyond unrealistic, sorry for that Pappy. As we now know they only did 38 cents in 2009 on an operational basis and with this catastrophic quarter and the margins they had this will be at maximum an even year in terms of EPS due to the higher share count.
They had zero packaged foods sales and the cigs were lower than in Q4. Not even talking about that they need money as they only have 2 million at the end of Q1.
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