GREY:CHLBF - Post by User
Comment by
VPofFNEon Jan 02, 2011 8:21pm
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Post# 17917071
RE: HOLY SHNIKIES!!! 587 Installs!!!
RE: HOLY SHNIKIES!!! 587 Installs!!!If anyone out there is paying attention, you should read this:
On November 18, 2010, CHO announced that they landed a contract to install 124 Total Lab Solutions in rural hospitals. Each lab was worth approximately $23,000 CAN$.
This contract was compared to the one from Nov 18th, which means that this contract should produce approximately $13.5mm CAN$ (587 x $23,000). That's freakin' HUGE!!!
They say that these installs will take them until the end of Q2, which means that this contract alone will deliver $13.5mm vs their $9.3mm they earned in the first six months of 2010. If you add the Food Safety labs and the additional revenue they make from supplying the labs which they installed, this means that their first half of 2011 will be a monster compared to 2010.
It's time to be buying this company's shares and putting them away for a long time.
VeeP