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Nordex Explosives Ltd V.NXX

"Nordex Explosives Ltd is engaged in development, manufacturing and resale of explosives products in Canada."


TSXV:NXX - Post by User

Comment by Bean_and_Dunnon May 14, 2015 11:57am
113 Views
Post# 23728608

RE:Q1 Earnings?

RE:Q1 Earnings? In 2014 results were posted on May 23
In 2013 Apr 28
In 2012 May 30
In 2011 Jun 28
In 2010 May 27
In 2009 May 27
In 2008 May 28

Mix them all together divide by seven or bell curve it. To me best guess looks like May 25 - May 29th.

If they are not proud of the results May 29th. If very proud May 25th. 

From comments made by Jim Taylor in the MDA and news release I believe that the results will be negative to very bad. Contracts were signed that did not properly protect Nordex shareholders form imput costs increases. These increased costs will still affect Nordex in the first quarter.

There should be an improvement in pricing and cost control in the second and future quarters, if Jim Taylor is to be believed. Judging from his past statements...well that is how we got to the price of share that we see today.

Best wishes

B&D 
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