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Luxor Industrial Corp. V.LRL


Primary Symbol: LXRRF

Luxor Industrial Corp is a Canada-based company engaged in the manufacturing and selling of wooden building components including an engineered bridging system and architectural wood products. The company also involved in a stock glulam beam distribution program.


EXPM:LXRRF - Post by User

Post by Czechlateon Sep 09, 2015 1:10am
97 Views
Post# 24087975

Sales back on track.

Sales back on track.I called LRL office the other day and it seems that the upgrades that caused the dip in sales in the last quarter are starting to pay off already. Sales for first couple months of quarter back on track at around $700K which puts them firmly in line to meet or exceed total sales for Q1 which
were $998827. With just a little luck and good management this last month of the quarter we could well see LRL break over the $mil per quarter sales level. They tell me crane mat sales and sales from their FastFRame window and door panels are going specially strong. Even with a drop in swamp mats for oil industry sales they have filled that gap with other product sales. All in all it was a good informative call and Terry Lashman was informative and knowledgeable. 
  He tells me that they are developing a very good working relationship with Hampton and he sees where LRL could well be supplying Hampton with more products then just the swamp and crane mats in the near future. 
  It sure would be nice if LRL could get Hampton to carry the IBS line as a lead distributor in the US.That IBS floor joist brace system is a really superior product and if you have not checked out the video on the LRL website you should do so. The website has been updated by the way and looks much better then the previous version. Trading has perked up lately and with some good news re sales , which is a given , and maybe some news of a new sales order from Hampton we could see some meaningful price movement in this fall session.
   Last point I want to make is that if oil industry gets back on track and swamp pad sales come back along with the new sales being generated it is quite possible we may see a 1.3 or 1.4 mil quarter before year is out.

https://luxorcorp.com/
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