RE:May 30Sir, you've made it painstakingly clear that you let Durden into your head and missed the run to the bank with this one. Although the market has surely discounted the warnings in the previous release, it may still yet be weaker or stronger than expected. And, Q2, as mentioned in the CC, did infact come with an abnormally large project already completed, atop 'normal' activity... the market is telling you PTG is worth what it is worth, for better or worse. Zerohedge is well known and available for everybody to read, no need for you to try to force their conspiracal apocalyptic conjurings into the minds of everyday Joe, unless of course you have your own agenda. Price of oil is creeping higher, meaning, revenues will normalize as budgetary constraints on their energy clients lift. As well, you fail to identify the thorough downtrend and inevitable elimination of their non-recurring expenses, which inflates net margins even more so during periods of seasonally weak revenues. Finally, you clearly don't seem to even grasp the true concept of value, and for that, I regrettably see the err of my ways in trying to explain any of this to a converted soap maker.
Sir_Holler wrote: The company delivered its quarterly results on May 30 last year. What can we expect this year? The company gave some guidance with the release of last quarter's results. Don't expect results as good as last year. The company said it was experiencing unusual" weakness in what is been its weakest quarter. Given we will be 2 months into the next quarter we could also hear that the unusual weakness is continuing as the US Fed's GDPNOW forcast expects only .8% growth in Q2 currently:
Mr. Barnes continued, "Looking forward to Q1, a quarter which has historically been the Company's weakest, we have seen slower than usual activity, which is consistent with general and industry-specific economic data pointing to a Q1 2015 that is expected to be softer than seasonal effects alone would explain. Important Pivot business segments such as storage, and industry verticals such as energy, have been impacted by this slowdown. Additionally, in Q1 2014, we benefited from the delivery of projects that had not been completed in the prior year, making that Q1 2014 a strong comparable. While Q1 2015 results of operations will fall short of Q1 2014, we believe our offerings remain competitive and well-diversified, and we are well positioned to benefit from an improvement in the general economic environment as and when it materializes."
Read more at https://www.stockhouse.com/news/press-releases/2015/04/24/pivot-technology-solutions-reports-fourth-quarter-2014-results-and-provides#8iZFBWl57ruwgfKE.99