FormerXBC Inc XEBEQ

This is Serious Damage

[tamaracktop]

This is a major sprain. Out indefinitely. Unless Kurt shines on Thursday. He's had a week more than I thought to prepare. Guidance will be key. If it isn't revs over $110 million, I will be extremely disappointed

[newcoin]

The market has totally over reacted. Estimates drop 20% and the s/p falls 50%? Please, that's nonsense.

[tamaracktop]

The implications of the drop in numbers are far more symptomatic than a simple logarithmic correlation would suggest. This is suddenly and unexpectedly problematic.

[tamaracktop]

Frankly. I'm still sick to my stomach about this

[JeroenP]

I know what you mean, its horrible when it drops like this, but just think about the long term. it should be ok. Thinking about buying some more

[Ciao]

Forward revenue estimates by analysts (after the conf. call held to discuss the Q4 warning) are still in the $140M +  for 2021 (this is a major increase even from the missed $70M low end target let alone the revised $57M).  The market should be looking forward and once credibility is restored, that should bring back investors and the share price.

[newcoin]

If these numbers come out on the Conference Call on Thursday the s/p has to move up. These projections are amazing!!

[Ciao]

After downward revisions, revenue est for 2021 are as follows; Beacon $142M (was 164) Canacord $151M (was 172) NB $145 (was 163) Desjardins $145M (was 174) TD $153M (was 189) Target prices dropped more from a drastic drop in EV/rev multiple than the effect of rev revisions for 2021. A lot of the analysts are taking a very conservative approach.

[ddogold]

Thanks for the post . The analysts are absolutely right to err on the side of caution after the news . Trust needs to be reestablished by Xebec . We should expect a strong replacement for the COO position and a solid NR on Thursday . That certainly would go a long way in regaining the trust of shareholders and analysts alike .

[VicesVertus2222]

Hopefully the profitability of these estimated revenues are not based on costs as calculated for the previous jobs that were off the wall.

[Niceneasydoesit]

There's usually another shoe!

[savyinvestor333]

Maybe we can use it to kick the trolls offf this board.     

[ZouZS3]

we expect consolidated revenues for 2021 in the range of $110.0 to $130.0 million

[Ciao]

It looks as though they are being conservative so as not to miss numbers. In the past they have had to guide down, so they've taken a lesson learned. The backlog is already at $100M. To call fo rev in the range of $110M tells me that, you don't really think they can't fill the bulk of $100M backlog and add $10M in rev? Let alone $20M or higher?