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.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

PyroGenesis Inc T.PYR

Alternate Symbol(s):  PYRGF

PyroGenesis Inc., formerly PyroGenesis Canada Inc., is a Canada-based high-tech company. The Company is engaged in the design, development, manufacture and commercialization of advanced plasma processes and sustainable solutions which reduce greenhouse gases (GHG). The Company has created proprietary, patented and advanced plasma technologies that are used in four markets: iron ore palletization, aluminum, waste management, and additive manufacturing. It provides engineering and manufacturing expertise, contract research, as well as turnkey process equipment packages to the defense, metallurgical, mining, additive manufacturing (including 3D printing), oil and gas, and environmental industries. Its products and services include plasma atomized metal powders, aluminum and zinc dross recovery, waste management, plasma torches, and innovation/custom process development. It offers PUREVAP, which is a high purity metallurgical grade silicon and solar grade silicon from quartz.


TSX:PYR - Post by User

Bullboard Posts
Comment by claudemcon Nov 26, 2020 10:45pm
215 Views
Post# 31986769

RE:RE:RE:New video interview w/ Peter, quick summary

RE:RE:RE:New video interview w/ Peter, quick summary Give it a rest dude, a 'Professional' investor would of at best said his/her piece and moved on.

You are anything but 'professional'... going on and on and on and on about YOUR interpretation of a financial statement.

Read it however you want, we can all read and I for one do not need your interpretation over and over and over and over and over and... ad nauseum... sheesh.

AND BTW for your information since clearly you don't actually get it... the EPS is .10!

Apologies to the board, I had to vent that, I feel much better now... carry on.

stay safe!


fdfd12 wrote: Maudite, how is that a superman punch.

I said all along .02 EPS which is $3M for 150M shares=.02.

NOT .10!!!!!!!

Peter agreed with me that the profit was $3M.

Guys I am a professional investor. I do not have only 1 stock like some here.
I know what I am talking about



PteRoy wrote: Peter with a superman punch right to the groin of fdfd and bcdude.
MidtownGuy wrote: Good video between Peter and George discussing Q3 financials more in-depth.

https://www.youtube.com/watch?v=wz6ZjuREP1k&feature=emb_logo

Mostly Peter was responding to -- and highlighting -- any potential questions about certain aspects of the financial statements, specifically:

1/ their net income showing on one line only $150K or so. But that's because of the net income from operations being offset almost equally by the share based compensation line item (when he rewarded staff in shares).

He said they also split that out separately, so people can see that there was net income from operations of 3.1MM, and not just the 150K-ish that some might see when they don't notice the above offset.

2/ the strength of their cash on hand / cash flow

3/ the line item of "billings in excess of cost and profits on uncompleted projects" not being an actual liability as listed, but an accounting mandate that one can only book % of project complete regardless of the cash received toward that project -- the excess cash from payment then listed separately in that line item (which is future income).

In more dept: Peter defines the line item named "Billings in excess of costs and profits on uncompleted profits". It shows (under liabilities) a line of $9.3MM. He's clearing up the fact that it's not a liability in the traditional sense, but a clause that has to be put in these days because of the old Enron (and Nortel, frankly) days. It means, PYR has already been paid $9.3MM more than what they've delivered on the project, but can't book it all.

This is an outcome of the old Nortel and Enron days, when they used to book forward sales prior to delivering, which would create false expectations for future sales and a false sense of what's been sold vs. what's been delivered.

So now companies are only allowed to book the % of a project complete, not the amount of money they've received. So if they get paid 100% of a project up front, the % of that money related to the % of the project that is yet to be complete cannot be booked until the project is delivered (or next % timeilnes are met).

The upside of that, is that that $9.3MM is guaranteed future revenue yet to be included on the books.


4/ the strategic investment gain from HPQ that effects income in the amount of $15MM, and while that amount used to be listed under PYR operations it now has been pulled out and listed as a strategic investment.

He reiterates HPQ is a massive, multi-tiered strategic investment for PYR:

a/ Partial ownership in HPQ that drives strategic investment income for PYR based on any HPQ share price gain ($15MM this last quarter alone)
b/ co-ownership of HPQ battery powders division
c/ being the supplier for the technology that makes it all happen for HPQ.


Interesting that much of the stuff they talk about in the video is directly related to things they've read on the forums. They even mention "chatter on the forums..." about certain things they then discuss. They are actively reading forums for concerns.

 




Bullboard Posts