GREY:AZDDQ - Post by User
Comment by
Darmimon May 26, 2010 9:30am
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Post# 17131615
RE: How far will the market look ahead
RE: How far will the market look ahead
I agree that we will most likely see something from Fedex soon. Certainly I expect more news as it was stated 'more news in the weeks" (plural) and this is only the following week.
Although the dam is starting to open, I am not sure that we will see much positive cash flow until the sales close, as Azure is in the process of starting to ramp up production, they are going to use a lot of cash in advance of sales, and as they grow this would continue until they reach the point that profit can cover forward costs. But that time is not too far away.
Very exciting times ahead.
----------Original Message Posted 5/26/2010 8:28:12 AM----------
The AGM will be interesting as we should be cash flow positive in Q4 dont forget that we could see something from Fedex for LA to take advantage of the Hybrid Vouchers and the 24 bus order for King county one thing we need to confirm as the Voucher website stated 112 vouchers issued and 100 is the max availability that only leaves 12
Good Job Azure now hit us with the BEV-TC additional lead customers the manufacturing location and partner for Europe and the SP could break the 52 week high. We also need Scott to get in front of the cameras.