Australian (ASX) Stock Market Forum

GYG - Guzman y Gomez

Jump to new
GYG got a please explain from ASIC about the lack of guidance.

The response is a jumbled mess.

Screenshot 2025-03-05 at 10.01.55.png
Screenshot 2025-03-05 at 10.03.09.png
 
To be fair to the Burrito Business, they are replying to the moronic request from the ASX, partially asking about any potential variance between sell side analysts predictions consensus and actual corporate results. Just stupidity, if there is a variance ask the analysts why they got their forecasts wrong. This concept that a company misses earnings if the analysts are wrong (again) does my head in. Alternatively the ASX could write a letter to investors asking why they take any notice of analysts consensus forecasts given their historical inaccuracy!

Performative twaddle from the ASX.
 
galumay said:
To be fair to the Burrito Business, they are replying to the moronic request from the ASX, partially asking about any potential variance between sell side analysts predictions consensus and actual corporate results. Just stupidity, if there is a variance ask the analysts why they got their forecasts wrong. This concept that a company misses earnings if the analysts are wrong (again) does my head in. Alternatively the ASX could write a letter to investors asking why they take any notice of analysts consensus forecasts given their historical inaccuracy!

Performative twaddle from the ASX.
Click to expand...

Four pages of a moronic request.

2.3 If paragraphs Error! Reference source not found. and Error! Reference source not found are not applicable, the date when the entity first became aware with a reasonable degree of certainty that its expected earnings for the relevant reporting period would vary from, or be in line with, GYG’s earnings for the prior corresponding period.

:oops:
 
Sean K said:
Four pages of a moronic request.

2.3 If paragraphs Error! Reference source not found. and Error! Reference source not found are not applicable, the date when the entity first became aware with a reasonable degree of certainty that its expected earnings for the relevant reporting period would vary from, or be in line with, GYG’s earnings for the prior corresponding period.

:oops:
Click to expand...
Ooops data entry guy in Bangalore or wfh on 4 different jobs in a Melbourne suburb forgot one entry.
But we feel confident in the safeguard in place and the big stick guy😉
 
sort of one of those boring playthings .

coming up for 10 months since IPO

Screenshot_20250411_210123_CommSec~2.jpg

.
from the wires
About 2.5 million shares in Guzman y Gomez changed hands before Friday’s opening bell, in one of the first selldowns from its IPO backers after the first leg of selling restrictions expired last month.

The trade, handled by Morgan Stanley, was worth $80 million and done at $32.90 a share or a 2.5 per cent discount to Thursday’s close.

Of note, the size suggest TDM Growth Partners as the most likely seller. Further, fingers were pointing to Capital Group, a long-only fund that backed the IPO, as the buyer. Short interest in GyG had risen to nearly 11 per cent of the free float, suggesting the selldown was well anticipated by sharemarket investors.
 
Hugging the downtrend line and coming into the pointy end of the wedge. Might be time for this one to wake up.
 

Attachments

  • gyg.PNG
    gyg.PNG
    41.9 KB · Views: 31
I like to eat at this restaurant but never come across the idea to throw my pokies in. Still so many candidates in this market that have some good shape set up for long entries but even so, there is no guarantee for these picks to fly out of the roof. have a look at the MDI every time ADX up

1755693414966.png
 
qldfrog said:
some PR they do not need and on mainstream
not own, will not unless system trading
Click to expand...

""Ever since they got listed as a public company on the ASX, the quality and the service of their food has just plummeted,” one argued in a viral video"

Concur with the above opinion. Used to go there occasionally in Qld. Had one open up close to home recently and stopped in for a burrito. It was rubbish, almost 100% rice had to sift through like a vagrant in a rubbish bin to spot any of the meat.

THe stock is worth $2-$5 IMO and will be an investment anathema for my portfolio.
 
Top