GREY:XEBEQ - Post by User
Comment by
Kronyboyon Nov 11, 2021 1:31pm
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Post# 34115855
RE:RE:RE:RE:Renewable Enthusiasm
RE:RE:RE:RE:Renewable Enthusiasm I think that's a conservative but not far-fetched assessment. All I can say is that if we go into $2's again, tens of thousands of shares are being purchased by many people in our group. This quarter as turned me into a stronger bull than before; I was worried when I saw 26.7m, but after processing the results I firmly believe XBC is in the strongest place it has ever been.
catchascatchcan wrote: The market looks a bit deeper than a headline, and next quarters revenue bump is at the expense of this quarter. If we do have a solid top line number, then it won't be indicative of an annual run-rate, but more an emphasis of our lumpy output. We should expect another 2-3 quarters of lumpy, until we have processing up and running, and a steady stream of Biostreams coming out the back end of the sausage maker. We now have a plan in place, and I would agree appear to be turning the quarter on execution. It's going to be a long road, and my previous comments re a 12-18 month recover post crash, now appears to be 24 months. Manufacturing is a slow grind, and this isn't a quick turn ship. Retrofitting factories, locking down contracts, and right-sizing production to hit consistent quarters is going to take a lot more heavy lifting yet. Add in the logistics landscape and we're another 12 months out from Nirvana (fingers crossed). In the meantime, as mentioned, I think we're straight back into $2 pergatory. Close your eyes for another couple of quarters min.
Kronyboy wrote: I'm surprised I didn't think of that! That would make a lot of sense with respect to q4 2020 vs q4 2021. I would imagine a 50m quarter would produce a very positive psychological impact, as this nears the numbers of all of 2020's revenue.
Gann999 wrote:
Seems like they are intentionally setting this up for fireworks in q4 because they know it will be compared to last year's q4 will be hard to ignore the improvements.