TSXV:MRS.H - Post by User
Comment by
ScarletSpideron Apr 28, 2021 11:34am
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Post# 33082504
RE:RE:RE:RE:In a Straight-Jacket
RE:RE:RE:RE:In a Straight-JacketNo buy out. The company wouldn't have needed to uplist for that at least I don't think. As far as profit margins well they will be at historic levels of 7-12% i don't think anyone can expect anything else given that the company hasn't handled anything other than procurement of ppe which has quite low profit margins but enough to sustain operations. I am not seeing that this is getting to break even at this point maybe EBITDA positive but even that I have my doubts. As far as expenses yes it will be good to see that they have reduced whatever they can.
In other words I am not looking at anything spectacular in profit margins and the issue of profitability but I am definitely looking at higher revenues and costs reductions which yes will lead closer to profitability but what i mean by not looking at it means not even to being EBITDA positive if it is close to that I will be stunned actually.
I am looking to see what else they will say in addition to the financials. With the shipment going to potentially Honeywell what are we looking at? you are saying uvxgoogles? Eye protection is always needed outside of covid so that would be good. Anything in addition to ppe will be great to hear about so that we can put the this is only a ppe company to rest!
Like I said, I want to see the company come out swinging hard at some point this year it may not be at this point and it may still take time but this year I want to see this company kill as I will continue to repeat this is only a ppe company--it needs to promote itself on every other thing that Unifire is doing which is way more than ppe so that is a big disservice having this stigma on it.
Additionally, let's see the rumblings of an uplisting to the main exchanges that is what i would like to see through the year.
At this point, and possibly as before I have no complaints with the way the company has been moving it is only too bad the share value doesn't reflect it just yet.