GREY:XEBEQ - Post by User
Comment by
catchascatchcanon May 14, 2021 2:34pm
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Post# 33204695
RE:RE:On a brighter note
RE:RE:On a brighter note You're in good company. There is no positive way to spin that. We want to see that backlog at 12 months minimum, not 9. Negative growth in the backlog is very concerning. If we see a sequential drop in backlog next quarter we'll get punished (though I'm not sure how much more meat is on the bones to pick these days). Without a growing sales pipeline management can't legitimately sit there and forecast top line growth. Anyone and everyone will ask the hard questions. Kurt has some faith, and is going with the 'build it and they will come' strategy on our RNG units, but if they can't show that they're actually coming we will be in deep. Hopefully the loosing of economies with global vaccinations will result in loosening purse strings and increased orders. XBC is fighting fired on multiple fronts at the moment, and the multiple compression by analysts is warranted whether those here care to admit it or not. Again, some very savvy acquisitions may be the wild card that changes our fortunes, but barring that we are in the $3-5 range for a prolonged period. GLTA
quote=tamaracktop]Personally I don't see any way to view a decline in backlog as a bright note. Anyone else?[/quote]