I wonder whether its possible that the Equity Research team worked for the Albanian Regime in a previous life - their President Hoxha would say every year when looking forward
to the next year something along the following lines "Last Year was difficult but it will not be as difficult as the year to come"?
( To be fair this did happen in a country where even using the words "hope" "future" "enjoyment" would probably give rise to a life sentence - with hard labour .)
But just looking at the prospects for food delivery - even a breakeven point for food delivery - and the ebitda - ?? Man ....if those pockets don't stay deep....