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TS03 Inc Trust Units TSTIF



GREY:TSTIF - Post by User

Comment by bossuon May 12, 2017 3:32pm
211 Views
Post# 26238768

RE:Car counting...

RE:Car counting...
bossu wrote: Car counting means something.....36 units in the Q1 !!
I have made a car count yesterday and I will inform you later on.

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I have been at the plant one hour ago and there where only 39 cars in the parking area and  about the same or 42 cars a couple of days ago while there were 48 cars on the parking at the beginning of 2017
Just to say that on September 30th 2016 there were 63 persons on the payroll and now there are 77 persons on the payroll probably dispersed at Mrtle Beach and assisting Getinge in installing equipment at different locations.
14 persons additional on the payroll seem to me a big number but there is the fact that they have currently less people in the assembly plant meaning lower production for the actual quarter and consequently there will be less units shipped and sale revenue probably lower and cost higher because of extra work force hired to perform other works than producing units which is their bread and butter.
Just to say that they probably have less demand for now and plenty of units in inventory and no rush to fill the number of units they have to deliver in 2017.

This is pure speculation from my part and hope to be wrong!

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