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Bullboard - Stock Discussion Forum Pyrogenesis Canada Inc T.PYR

Alternate Symbol(s):  PYRGF

PyroGenesis Canada Inc. is a Canada-based high-tech company. It is engaged in the design, development, manufacture and commercialization of advanced plasma processes and sustainable solutions which reduce greenhouse gases. It offers patented and advanced plasma technologies that are used in four markets: iron ore palletization, aluminum, waste management, and additive manufacturing. Its... see more

TSX:PYR - Post Discussion

Pyrogenesis Canada Inc > Lets be blunt
View:
Post by tamaracktop on Apr 28, 2024 1:50am

Lets be blunt

When you invest in a small company, you're effectively giving that company's management your money and tacitly but directctly saying "Here's some of my money. Do your best with it."
   
I might  be the only person who has run the latest numbers.

As of Q4, Pyrogenesis' Return on Equity is -122.14%.

Return on Assets as of  the latest financials is -70.38%

Who cares?
Comment by BCONTVentures on Apr 28, 2024 9:15am
top, PyroGenesis' business potential has drastically increased during the past couple of years, look at the new markets PYR has entered, new patents filed/granted, the second production facility coming online, and the growth in employee headcount.  PYR is gearing up for exponential growth. It is not the size of the contracts (big contracts will come), it is the validation of the ...more  
Comment by tamaracktop on Apr 28, 2024 12:48pm
"top, PyroGenesis' business potential has drastically increased during the past couple of years...." If it's true that the company's business potential has increased, it's because the company's actually business has decreased "during the past couple of years ". During the past couple of years, revenues have dropped from $31.07 million in 2021 to $12.3 ...more  
Comment by tamaracktop on Apr 28, 2024 12:56pm
Revenues last year were $12 million. Sales, General and administrative expenses were $31 million. $1 million per month in revenues vs $2.6 million per month in salaries.  It's "just getting going"? It's going, going, gone 
Comment by Holdrrrr on Apr 28, 2024 9:19am
Who cares?  Some guy named Tamarackflop who is also known as the "king of xebec" who posted over ten thousand times a year, on the pyr stock house board-but doesn't own any stock.   He cares at 1:50 AM Saturday night. Yawn. "Therefore, if investors only looked at the negative return on shareholder equity, no one would ever invest in a new business. This type of ...more  
Comment by Melida on Apr 28, 2024 9:43am
I agree with you,  who cares? More importantly, investors have to decide if the technology is legit and whether it can be commercialized (my opinion is yes).  In fact it has been commercialized in some verticals.  We know all this so there's no point in detailing here. Does Pyro have the cash and receivables and opportunities to carry on as a going concern well into 2025 ...more  
Comment by Melida on Apr 28, 2024 9:46am
After I posted, I saw BCont's and Holderrs comments.  I agree with them 100%
Comment by Holdrrrr on Apr 28, 2024 10:05am
Yes haha, great posts and points also Melida and Bcont :) If Tamarackflop was apparently an RBC broker in the past, I fail to see this as simple ignorance on his part.  I really do.  So the only other rationale is deception.  It's sad.
Comment by BCONTVentures on Apr 28, 2024 12:03pm
Well said Melida and Holdrrrr, great posts! And PyroGenesis is just getting started.
Comment by Holdrrrr on Apr 28, 2024 3:15pm
Facts are facts afterall. :)
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