RE:RE:RE:RE:Good Luck to All
Zou say:
"everything points to an upcoming improvement" ....everything? Lol the legacy issue that's everything ? Please Tony....come on! How can you be sure that it's the end of legacy issues.
Tony say:
Why wouldn't management be able to assess what legacy issues will cost them by the end of 2022?? Is it so impossible to calculate??
In my post I don't only mention legacy issues ???, I also mention cost control and contracts that give benefits.
I'm also quoting Summit revenue « starting now ». I also quote the backlog of over $270M
Zou say:
Starting to reduce production cost??? Good one. Production cost is about to get worse with all that inflation. We have not seen the true effect of inflation yet. Come on Tony
Tony say:
Zou, inflation is not just on the supply side...Xebec can also increase its prices to make a profit at the end of a contract...That's exactly what management is committed to do.
Zou say:
one thing I learned is to never believe management until they prove to be right.
It should stay in that range until news come out. No news no nothing. Get used to it
Tony say:
I understand very well that the majority expect better results before buying and that the bond of trust is broken with management.
I accept that the price of the stock remains low in the meantime.....
But is it time to sell now that it is trading at $0.69 with no fundamental bad news since Q2 ???