RE: RE: RE: RE: RE: RE: RE: More Food For Thought,Hello Sherbet2 Stockaddict
Mr Tocher promised Q2 in between 5 - 7 million revenue and they achieved 5.1 million. Now he is promising a black for Q3 and we hope that he achieves it. Here is some more analysis based on what they have announced so far -
It is 33.9 million $ backlog as of 16th Aug'10 (you can see it in the press release of Q2).
Here is the calculation –
Backlog orders 45.50 million $ at the end of Q1
Backlog orders 33.90 million $ at the end of Q2
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Difference 11.60 million $ as of 16th Aug' 10
They reflected 5.1 million $ as of Q2
Just assuming that this 5.1 million is a part of total back log executed so far, will leave us a balance of 6.5 million for Q3 (as of 16th Aug’10). That means one and half month to go for Q3.
I would expect them to show atleast $10 million revenue for Q3. Please note that I am not considering their regular business revenue plus India business they got recently as the press release states that India orders will be with immediate effect and for several years.
Last but not least, i do agree with Stockaddict and would like to pose the same question -
Sherbet, do you want to succeed or is it you just want to be a thorn in TZT's side to bring her down ?
We are all here to make money. Let's work as a team and make it happen.