GREY:XEBEQ - Post by User
Comment by
Ciaoon Jul 06, 2021 2:08pm
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Post# 33499709
RE:TD Comments You won't believe it
RE:TD Comments You won't believe itLOL, MIXED impact then downgrades share price target. This must be the same analyst that gave the $17.50 share price.
"We Expect That Near-term Margin Pressures Will Persist: Early BGX Biostream deliveries featured continued cost pressures (COVID-19-related labour hour &cost inflation) and we are now conservatively forecasting that the 18 unit sale willalso feature gross margins that are below its targeted 30% to 35% range."
Units can be up and running in 10 days whereas it was weeks for earlier (custom) units. They also changed contract terms to cover increases in input costs over term of the builds. So his comment seems ill informed.