Post by
Eoj123 on Apr 14, 2023 12:18pm
So....
So how's this working, good news is bad news....?
Comment by
mbuch on Apr 17, 2023 11:58pm
Good news means more orders they cannot deliver on. This company has a major execution problem. The street knows when orders come in the backlog just gets bigger. I bet this stock goes to $5 next earnings, not based on fundamentals, just sentiment.
Comment by
Eoj123 on Apr 18, 2023 9:57am
That sentiment is exactly why I took a small stab at it at $7.57 glta
Comment by
RayDonovan78 on Apr 19, 2023 8:28am
Nonsense, Thier backlog is due to supply chain issues which is quickly coming to an end. They continue to get substancial orders from major cities around the world. They just got another order from New York City for 116 Exelsior busses. If city purchasers had doubts they would look elsewhere.
Comment by
mbuch on Apr 19, 2023 9:25am
Nonesense, they've had execution issues since before covid. The supply chain issues just made it worse.You don't see many other manufacturues even mention supply chain issues anymore, nor is it reflected in their share price now. Been following this company for over 10 years now and it's the same old same old. They need changes at the top.
Comment by
RayDonovan78 on Apr 19, 2023 11:19am
Very Simple answer......Other manufactures dont have the same demand for thier products !!
Comment by
2young2invest on Apr 21, 2023 2:37pm
Whatever the demand, they can't make any profit. Totally agree with @mbuch, problem is at the top. These guys wasted lots of money on dividends during covid paying with debt and now is begging for loans from the governement. Let's hope they can finally fix their logistics issues, cause company actually makes good busses.