OTCPK:CUUHF - Post by User
Post by
RetailRubeon Feb 13, 2019 11:19am
233 Views
Post# 29358166
What is 2018-4Q Revenue going to be?
What is 2018-4Q Revenue going to be?I sold everything. I have owned SOX all the way back to 2015. I bought it as a turnaround story. But what I read in the MD&A and heard in the 2018-3Q earnings conference call are not consistent with what I see in the numbers. I could very well be wrong. Time will tell.
My big issue is the revenue has declined for 3 quarters sequentially in 2018. This is important to me because in 2018-3Q, excluding mark-to-market profit from the stock price going down, they only made about $500,000 in after tax earnings (by my calculations). So if the 2018-4Q revenue is down again vs 2018-3Q, they may report a loss in 4Q (excluding mtm profit from the stock price going down).
What is your guess on 2018-4Q revenue?
2017-1Q: $220m
2017-2Q: 246
2017-3Q: 268
2017-4Q: 283 (FY=$1,017m)
2018-1Q: 266
2018-2Q: 249
2018-3Q: 224
2018-4Q: 250 (my guess based on guidance "FY slightly lower") (FY=$989)
Analysts are no help. Analysts consensus estimate of revenue in 2018-2Q was too high by $25m and in 2018-3Q was too high by $49m.
I don't believe my guess of $250m for 2018-4Q.
So I moved to the sidelines until things become clearer.