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Avecho Biotechnology Ord Shs V.AVE


Primary Symbol: AVEFF

Avecho Biotechnology Limited is an Australia-based biopharmaceutical company. The Company develops and commercializes human and animal health products using its drug delivery system called Tocopheryl Phosphate Mixture (TPM). TPM is derived from vitamin E using patented processes. The Company's segments include Production and Human Health. The Production segment manufactures and sells TPM and Vital ET for use in drug delivery and cosmetic formulations. The Human Health portfolio covers delivery of pharmaceutical products through gels, injectables and patches, including conduct of research and development activities. The Company's products pipeline includes Weaner Pig Starter TPM Premix, Poultry TPM Premix, Dairy TPM Premix, Daptomycin, Propofol and Veterinary Applications. The Company is also developing TPM to enhance feed efficiency and the health of livestock. Its TPM products are commercialized under license: Voveran TPM Gel, Instanac TPM Gel, Vital ET, and Ashland TPM.


OTCPK:AVEFF - Post by User

Comment by Skyscraper31on Apr 14, 2018 10:25am
78 Views
Post# 27884694

RE:RE:There has to be a brokerage company holding this down

RE:RE:There has to be a brokerage company holding this downTrucking is tough. Need enough equipment and bodies on hand when the customer calls, but don't want too much excess capacity and man power if things slow down. Classic catch 22. I've spoken with management and they were unable to provide specifics, obviously, but suffice to say Canada is a real problem. Thankfully it only represents a small fraction of their operation. But by all accounts, morale is at an all time high under Ronnie's leadership and they seem more optimistic than ever at the companies potential. Sounded like they were setting up each terminal as it's own profit center and executive was conducting PL reviews with frontline leadership to ensure monthly costs were in line. Does this translate to profits in Q4 and fiscal 2017? Maybe. But I don't expect a blow out. Any adjusted EPS above $(0.01) will be a huge win and show management is on the right track. Long and strong!
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