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Bullboard - Stock Discussion Forum Baylin Technologies Inc T.BYL

Alternate Symbol(s):  T.BYL.DB | BYLTF

Baylin Technologies Inc. is a Canada-based diversified global technology company. The Company is focused on the research, design, development, manufacture and sale of passive and active radio-frequency products, satellite communications products, and supporting services. The Company's products are marketed and sold under the brand names Galtronics and Advantech Wireless. The Galtronics line of... see more

TSX:BYL - Post Discussion

Baylin Technologies Inc > Press Release - Earnings
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Post by SR71BlackBird on Nov 09, 2022 5:51pm

Press Release - Earnings

Trying to find something in the earnings release that justifies or relates to the increase in stock price over the last few days. But for the life of me, I can't find it. Am I missing something? The stock was pushed down way too far, I understand that, but what was the catalyst to reverse it?

IMO
Comment by Billybabin61 on Nov 09, 2022 6:04pm
The positive appears to be that they are showing more efficiencies with the margins. Will find out tomorrow.
Comment by davgro on Nov 09, 2022 6:21pm
I anticipate some profit taking tomorrow based on their reported Q4 2022 guidance: "Nevertheless, challenges brought about by COVID lockdowns in China, material shortages and increased material costs due to supply chain disruptions, and chipset shortages have caused delays in both the production and the delivery of our products and are causing push-outs of some orders from our customers. We ...more  
Comment by RayDonovan78 on Nov 09, 2022 6:40pm
Earning are a little disappointing but not worried at all. We should get good entertainment tomorrow from the resident Chiwawa. 
Comment by Maxmoe on Nov 09, 2022 8:27pm
Obviously it had nothing to do with the earnings. It's about the financing. If anyone drove the stock up that much based on anticipated earnings, they are doing something illegal if they know something mr market doesn't know or they know nothing we don't all know and are just gambling.
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