RE:Significant strategy shift has taken us aback Yup, at this stage the fastest way to grow the business. Faster than a sale I guess. THAT's the problem. Get a lease check faster than a sales check. Doesnt sound like a must-have for the client, does it?
Tcheck wrote: We bore the brunt of the exciting news of the so called mutual benefit of leasing .
Quote
We now have come to appreciate the economics of leasing torches instead of an outright sell. This model has clear advantages to both parties; little-to-no CAPEX to the buyer, healthy recurring revenue stream to the seller. At this stage, we see this to be the fastest way to grow this business segment, and is a significant strategy-shift for the Company as it relates to this offering, and which we expect will play a key role in our position/ongoing discussions with clients.
which leasing company would be willing to step in ?
I don t see the advantage for the seller .
Lets assume that the contracts have been maintained and that they are Not in jeopardy .
that we are still talking about the sale of thousands of torches .:)
Pyr would have to borrow 10 bn $ instead of earning 10 bn $ like anticipated ,before collecting any money .
now a leasing company could take over that burden against a hefty compensation .
that would leave pyr of the hook but i guess they will have to compromise on the price per torch .
who will want to be the middle man ? I hope we get clarification on that soon .