Dynamic Technologies Group Inc - Class A ERILF

Industrials Diversified Industrials

Empire Industries Ltd designs, fabricates, manufactures, erects and sells proprietary engineered products internationally. It operates in the segments of Ride-Systems Manufacturing, Parts & Service and Corporate & Other segments. These include Design and manufacture complex ride systems, Provider of parts and maintenance services to existing ride systems. The group operates its activities internationally.

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Dynamic Technologies Group Inc - Class A

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Comment by poneon Oct 03, 2017 12:31am

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Post# 26769248

RE:RE:RE:RE:RE:RE:RE:+ - 50 cents

hawk_ wrote:
OK I'll cut the corn pone. The analogy is metaphoric, not simiie. The least common denominator of the metaphor is what they call 'blue-sky' with resource stocks. If I shift to simile the resourcefullness rests in proven veins, backlog. My risk/reward preference is hardly for triple A bonds.

If they get a real order and they need to finance that, it is not blue sky.

Again, my example was: If they get a new $100M contract that they must deliver in one year, and they get $30M of that prepaid, and if they have a gross margin around $20M, that means that $80M - $30M = $50M has to be financed prior to the customer paying for it.

How would you guys have them finance it? It's a real order, not a blue sky plan.

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