OTCPK:ERILF - Post by User
Post by
JimmyB73on Jun 17, 2017 10:08am
177 Views
Post# 26373752
Backlog
Backlog
Because backlog in itself is not a valuation metric ... profit on said backlog is what matters .. margins .. how much of the contract notional is low margin steel? etc .. the story gets better as they win and execute higher margin business ..(hence the refocus on dynamic attractions) and the large backlog allows them to accept only higher margin business as capacity is further constrained .. I think good things to come from Empire. GLTA