GREY:VPHIF - Post by User
Comment by
kooter33on Feb 16, 2021 1:02am
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Post# 32570861
RE:Question for longs
RE:Question for longsTroy23 wrote: I like the potential here but considering the latest financial report ended July 31st where they reported 1.49 million in revs...cost of goods was 1,36 million, how can you have a decent bottom line when your gross margin is so small?? Even if they grow revenue to 50 million, if their cost of goods is 49 millions, there is no business here...??
Huh? its called COVID delays for HC drug approvals. Oct 31st 2020 YE report coming out last week of February 2021. Check it out. CFO has stated they will be EBDITA +ve for the YE. 2021 will be the breakout year for VPH. Don't buy, just wait qand watch. GL.