OTCQX:HEOFF - Post by User
Comment by
constructionsiteon Mar 13, 2019 1:49pm
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Post# 29480045
RE:Big Quarter Coming Up?
RE:Big Quarter Coming Up?Agreed, especially the last part.
Problem is, investors like me have been looking for a strong quarter for years. Never quite materializes. This company is in the right sector, with the right technology, but the wrong (notably, waaaay over-paid) management. The first 2 bring me in, the last continues to give me pause on hitting the 'buy' button...
Xtrykr0 wrote: Q3 and Q4 normally are H2O’s stronger quarters, given higher sales (and associated profit margins) on specialty products. Furthermore, the US tax hit in the recent quarter was a one-time, unexpected expense. These two unplanned expenses, if negated, would have brought the company within striking distance of going green. I think shareholders are looking for strong results next quarter. Backlog continues to grow. As much as a lot of us feel Fedric is overpaid and has diluted the share base with relentless acquisitions over the years, the recent BDC deal likely has him in a safe spot for his job for quite a number of years to come.