Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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

Comment by TheRock07on Aug 30, 2016 8:59am
144 Views
Post# 25190161

RE:Luxor Reports Net Profit of $922,616 or $.023 Earnings per s

RE:Luxor Reports Net Profit of $922,616 or $.023 Earnings per sGM was below my estimates but sales were much higher.

Forecast sales for the second half of 2016 should be in the $22 + million.

The second plant began producing in July and this should elevate GMs.

Also, new products should enter the sales stream in H2.

Currently, LRL is on track to earn about $0.10 to $0.12 per share over the next 4 quarters, and perhaps more, as they are forecasting increased sales for 2017.

LRL is a steal at these prices..
<< Previous
Bullboard Posts
Next >>