GREY:TSTIF - Post by User
Post by
StocksFTBon Mar 06, 2019 7:57am
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Post# 29447973
Q4 Clear as Mud
Q4 Clear as MudQ4 results are clear as mud. This company's press releases are attrocious.
Some investors think PO's are sales, other investors aren't sure when or how revenue is recognized, and even though this company "pre-released" units you have a number of investors with different unit numbers for the quarter and no one has a clue on pricing.
newdant I think that the company is generating revenue on 19 units (12 shipped during the quarter + 7 placed since Q3 when installs went from 59 to 66, but who knows if that is factual or if they are counting the installs with the 12 unit shipped number they quote)
As I mentioned before the real key in the quarter will be to see how they hold pricing, if they are able to hold pricing I will eat my shorts and congratulate these guys. My biggest concern is they are yet again misleading investors with PO's and backlog numbers and they will present Q4 with numbers that suggest something is very wrong on the pricing front.