GREY:TSTIF - Post by User
Post by
bossuon Sep 26, 2017 2:52pm
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Post# 26743900
About car counting...
About car counting...While I was coming back from a presentation by the French singer Julien Clerc last evening I made a visit to see if by chance that there were some cars in the parking for night production...but there were none.
On my last count on Friday 22 there were 37 cars and the average for September is 38 cars ,better than August with an average of 35 cars and 36 cars in July.
The car count is telling me that the number of VP5 assembled and shipped will be lower in the Q3 than the Q2
I gave you the good number at the end of the Q2 which was 40 but most probably the Q3 will give 37 unless assemblers have been more productive than the previous quarters.
So me may expect a lower ''top line revenues'' and with all the new highly paid people hired ''bottom line loss''will be greater.
This observation tell me that the installation of the VP4 is slower and the demand from Getinge lower but during that period, expenses by TSO3 is also higher and the cash on hand at the end of the quarter should stand at $ 13 M (from $ 16.7 M at June and $ 19,6 M at the end of March)
So we will have to be patient and hope for the best .