cash conversion

3617 days ago

Globo: FFS Speak Real English as you announce total non news – smell the panic

I have noted before, in relation to Globo (GBO ) as it happens (HERE) how companies that are starting to panic about a dismal share price or about investors are asking pesky awkward questions about profits to cash conversion and other investment fundamentals react by issuing total non-news. Today’s effort from Globo (GBO) is a stormer in that respect. It is prize winning non news with a dose of unintelligible corporate bullshit thrown in. In fact it is such classic MBA style bullshit that I will run a competition on the back of it.