RE:RE:Q4/2021 Resultsjanoe wrote: I hear you on all that Bandit. The macro factors continue to add credence to what CUBIC is working to get into the market.
Need for food security, reduction in water usage, transportation costs, consumer behaviour & preference for more local and fresh foods, inflation. It all points to a societal problem that cubic is contributing to solving. Wish the communication and output of sales was more consistent, reliable and improving.
I'm in this one for a small amount based on above macro lens. Will be looking for some bottom up validation that shows management is capable of executing.
Wow someone is alive in here! hahaha
I agree re:macro 100%. I mean the stars were aligned for something like this before this war. The stars are even more aligned now. I see no negatives other than lack of sales/revenues and Q1 is almost over already!! and my suspicion is that deals are just not closing. Seems like logical conclusion.
I've also watched them continue to hire and hire for several months. I'd even say almost a year now it has been that many months. I believe they said they have 160 staff!! (for what?) now and still looking for more. However, I could be wrong but, when I look at sales and revenues, the overhead and the snails pace of installations all I can see is dilution of shareholders while the share price is weak. Not good. To dilute with a falling share price is a bad sign for any equity. I also see many things said that did not transpire as I have noted in past. I am waiting to see if the Wyoming install is completed by next week (Mar31) as they themselves said it would be. If it isn't, I am sorry, you can only use the "supply" chain/labor problems sparingly. The "supply" chain and labor issues have been known for a long time now. There has been plenty of time to plan and accommodate it by stocking up on materials and supplies, finding new suppliers and or manufacturers if necessary etc etc. So it is obvious I also agree with your comment on execution.
I bought then sold and made some cash last year. I sold quite awhile ago now because I could see dilution coming and it did. Twice in a short timespan. The last one clearly caught the market by surprise because it's been struggling ever since and it was at a lower price than the previous placement. Share price has been taking it on the chin this morning. I'm embarrassed for them. So sad for such an outstanding technology story. As I said though, I will wait until some maturity and some substantial realized revenues to be able to sustain themselves. Could be awhile.
The share price falls yet again all after the Twitter experts
https://twitter.com/search?q=%24cub.to&src=typed_query&f=live
called a CUB breakout...based on one whole day! of good volume. One of them even said "
"you never want to see the breakout candle be taken out" he quoted a close under $1.20 in his article. As of this writing the bid is 100 shares for $1.16 and asks are building...again. As I said in my last post, oops!. (do people pay these "guru's" for expertise??) As I wrote about last year some time, read what these "guru's" and chartists have to say and do the opposite. Seems to work. Lol
Nice to see someone else here now though. :)