Profit first When bxi hand over a GEA report to a potential jv what part of the report do you
think the jv is going to look at first?
Will it be the floor plan to see how the equipment is laid out or will it be the level of foreseen
profitability for the new plant?
A jv interested in bxi already know they have a superior product and there is a market for it, so
the first question they will ask is “how much”, how much profit are my 65 million investments going
to generate for me?
A company returning a .05% Profit is a profitable company.
It all comes down to level of profitability.
CS said that the profitability report is done and now they are working on the plant floor lay out. I think
CS did not disclose the full story, I see a piece of the puzzle missing here either they have a very interested party that requested that or they are buying time to see if something develop. I hope it is the former.
If the profit margin is good or very good bxi won’t have a problem finding a jv partner either industrie
related or from a completely different field, there are large institution that because of the state of the
economy are sitting on big pile of cash and one might decide to invest in a company producing an
almost recession proof product.