TSXV:NIR.H - Post by User
Comment by
idleSpeculatoron Apr 18, 2006 6:47am
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Post# 10694720
RE: t.a. analysis
RE: t.a. analysis Wow, I have been out of hte loop a while, just got up to speed with Hero, you guys must have discussed this a years ago.
So from management discussion;
"Distribution will be a key to our success going forward. We will rely on the expertise of the new management team and their knowledge and experience within the industry, and with our customers, to help us achieve efficiencies, increased sales and ultimately financial growth"
Obvious synergies between the two companies product lines, so same sales force can represent both, reducing cost of sales force to Napier. And with management part time too there are some long term cost savings. Also like the pressure washers they sell, many of those go to contract market who we were wanting to target with removeall.
I still think this is a slow climb to profitability unless they address reasons why in the retail outlets most people still be the competition.
JMO
Idle