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Wubbe Bos's avatar

Hi Ferrucho,

What do you think of the Q2 results?

My opinion after a short look is that good operational results (income from operations 829 vs 641) are masked by 3 things:

Higher intersest payments 128 vs 52

Higher taxes 280 vs 221

loss from discontinued operations 82.

Another thing worth mentioning is the increased cash balance that is currently 50% of the market cap.

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