Luxor Industrial Corp. V.LRL

Primary Symbol: LXRRF

Building Materials Building Materials

Luxor Industrial Corp is a Canada-based company engaged in the manufacturing and selling of wooden building components including an engineered bridging system and architectural wood products. The company also involved in a stock glulam beam distribution program.

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Luxor Industrial Corp. > Another 750 000$ US for 2016

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Comment by mjh9413on Aug 08, 2016 12:24am

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Post# 25118484

RE:RE:RE:RE:RE:RE:Another 750 000$ US for 2016

Perhaps you're right. Still they said in July they had C$10.8MM in first half of 2016 (they quoted $1.6MM for last year and that was C$ so the $10.8 has to be CDN)). So, $10.8 is still about $1.8MM/mth in first 6 months. Deduct that C$10.8 from the C$25MM you reiterate for total 2016 up to mid-June and the residual is C$14.2, and divided by the residual 6 months remaining in the year, voila C$2.35MM/mth. I haven't gone back to my post but I believe I used a figure of $30MM rather than the $25MM, and that is how I got over $3MM/mth. Am I really missing something in my math...

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