GREY:XEBEQ - Post by User
Comment by
ZouZS3on Mar 22, 2022 10:32pm
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Post# 34536484
RE:RE:RE:Ferret
RE:RE:RE:Ferret
Honestly, I can't see growth lasting too long with greelanes. Like research said it's just gaining from momentum. Give it some time, you'll definitely see where it settles. Nowhere. No growth plan. No diversification. No competitive pricing! Only custom-made expertise. No debt, no growth. No story, no values, just numbers! Just look at their site compared to xebec's! A 5 year old can do better lol Like The quarter itself looked fine with backlog growing to $50M and revenues for the quarter growing 94% to $17.7M. Cash was $31.5M against no debt. Things appear to be moving in the right direction but in the current market and given the momentum, we might give it some time to see where it settles out.