Post by
rusty777 on May 31, 2018 2:23pm
Maybe its a good idea for this company to be sold
Once again we see pretty good results in Q1 2018 - Revenue is UP by 19 million for this quarter year over year and 7 million over the last quarter - sounds pretty good.......EXCEPT ...once again we have a net loss per share for this quarter of 2 cents (yes its better than less quarter when it was 10 cents) ...but ist STILL a net loss per share. Forgive my simplistic view......but isn't the idea to MAKE money??? Sure I am happy we are paying all our staff and management great wages but we are NOT a charity - at some point there should be something for those who actually own the company (ie the shareholders) and with AVE there has not been a positive cash flow per share for over 5 quarters in spite of increasing cash flow in the double digits quarter over quarter. Once again we didn't even meet analysts expectations.
Maybe a new company and management team will be more successful in balancing income versus expenses - simply making MORE money (and boasting of that until the cows come home) isn't the answer if you consistently SPEND MORE than you make.
Sad
Cheers
Rusty