RE:RE:RE:Slow train ,but not to .10The main issue continues to be lumpiness. The 30% advertised growth was never really from year to year, but an average based on a two end points over a longer period of time. We could have no growth next couple of years, and then the 3rd year they hit $50 million or whatever, and voila, you have an average annual growth in double digits.
That's the past. The present is that there is much more sales activity than in the past but the frequency of closing deals remains sporadic and that creates impatience and uncertainty. With increasing activity, that will eventually change, but we are not there yet. There are 30-some PDAs out there (typically bigger projects), of which history shows that 20ish will convert into projects. So, that is a rough quontum of the news releases we could see over some next number of months. That could shine the light back on TMG and investors see the bigger picture and opportunities.
Potential acquisitions, new hires, those are all initiatives to grow bigger, faster.
Many of us continue to wait after many disappointing years, with a degree of excitement and maybe a greater degree of impatience.