Post by
Bruceforever on Feb 23, 2017 7:26am
Guidance IS good !!
One of the most disappointing interview I’ve ever listened to. I really don’t know why Bruce permit to Small cap Power to show that fact sheet on the beginning.
1. About Turnover. If those who made that fact sheet would have spent 15 minutes watching SEDAR reports, they would have seen the true about the real turnover. Everybody here must know 2015 was not 1MM. Also, they are mixing things. In 2015, EUO turnover was around $7,9MM (before selling GFI), not 1MM. And if they don’t want to count GFI in 2015 they must put $1,3MM, and not $1MM. But in 2016, they again expect $1MM…
2. About Net Financial Position. OMG….I’m amazed. EUO only has $1,6MM cash. WTF? How can Bruce let them to post that? This fact sheet has been done at February 3th. They could have done it with the last q3 report. Does Bruce see what he has been showing to investors with this interview? It was not a LIVE interview. It was recorded and shouldn't have passed by the investor relations guys.
3. About Net Income. Another outrage. They say should be flat this year. No one here expect that. The most optimistic investor just wants to see revenues growing up, but not a flat net income. What’s that?
Although these 3 points are incongruous, I must admit that Bruce is bringing some guidance to shareholders about:
A) Two Xwinsys products that should have been marketed this year for about $2 million each. This would be the first revenue in Xwinsys history. It would be interesting to see the cost of sales of those $4MM. We know that EUO have invested strongly R&D to developing technology for the semiconductor industry. Over $3 million during 2016 only.
B) With the new re-tooled basic ED-XRF platform at Xenemetrix, they expect new products should improve revenues this year 2017. If I am correct, I understand he says should have been equal to 2015 revenues (so $1,3MM). But I’m not sure if he says before selling GFI to SICPA. In that case should be $7,9MM. I really don’t get that. No way to see more than $8MM revenues this year without the EU Decision. No way.
However, all these revenues are clearly indicated for 2018 by Bruce (SICPA, CROPTIMAL, XWINSYS ), so I see another year of waiting. When Bruce refers to 2017 later only talks 2017 is the Commercialization phase, 2016 was R&D and product development phase and 2018 the Revenues phase. So more than one year to see revenues, very disappointing and the cash will still go down for at least another year? Not good for the stock price and all shareholders.
Good to see finally Bruce wants to give some GUIDANCE after my insistence. I think I had a positive part in achieving this. Didn’t thank me board, you are most welcome. Who was saying the other day these micro cap companies cannot give some guidance? It was ZEN? Guidance IS good and should always be given as soon as possible when you see 52 week low.
B4ever
Comment by
Joseph_K on Feb 23, 2017 11:04pm
I'm sure his 'friend' from the SiliconInvestor website was 'helping him with his English' again with this message. Leave him alone Raptorman2013. On days like this when there are ZERO SHARES TRADED, his often non-sensical ramblings are all we have to entertain ourselves.