RE:Avigilon - Q4 and beyond
I didn't really like Hodsons comments for two reasons though...
1) Why was he pointing out Sales and G&S expenses: 31% is significantly slower growth in those expenses than previous quarters growth (was like35-55% in those expenses yoy and G&S finally TRAILED Rev. growth and both increased less than 3rd Q yoy) and only reason some margins are slightly lower was because of the new American plant doing all American orders...it just started up so margins are still pretty good, and they pretty much are indifferent between USD gaining or falling, even though I think it can't go much higher without causing problems in the world...causing it to drop back down again...also the CAD had a major bounce when it hit a approx. 13 yr low or whatever a few weeks back, and oil seems at least stabilized now.
2) He stated the 2016 EPS estimates without acknowledging they are now in USD...that is an important point...considering USD is $1.33 CAD (came back a bit from a few weeks ago, was above 1.4 for a bit I think)