Post by
thewadman on May 20, 2009 10:39am
Baby Steps
I trully believe the wet / cold spring has slowed things down.
Good news with Lambert Pete Moss but this kind of news isn't going to send the stock to the moon like were hoping. Its a small contract with the potential for more sales or a multi year deal later in 2009 or 2010.
Things still seem to be progressing nicely with FTE and the IR's comments about operating capacity etc was great clarification.
I think they are on the right track and we could see a bunch more deals like this one in the near term.
Here's to hoping a big contract is inked soon .... I think its Weedmans turn to make some headlines.
Cheers,
Wadman
Comment by
hjangel on May 20, 2009 11:58am
Now that the worm castings sales are beginning to pick up, maybe the weather will too :) Great to see the company generating new sales - hopefully we'll see plenty more as the growing season progresses.GLTA - HJ
Comment by
byhiselower on May 20, 2009 12:26pm
Where did you come by this information?".....It is too bad that all the trial runs by companies are not bearing fruit this year....."as I have read nothing of this in any of their news releases.
Comment by
staolin on May 20, 2009 12:34pm
"As previously disclosed, we also have sold product to a number of othermajor national and regional service companies and manufacturers offinished product. These companies are currently carrying out trialsthat will last for some months and that we hope will lead to ordersthat most likely would mainly begin in 2010," said Mr. Denyes."
Comment by
staolin on May 20, 2009 12:51pm
I think Mr. Denyes has invariably been highly optimistic in all his public pronouncements to this point, as well. That is something to consider when reading that statement.
Comment by
hjangel on May 20, 2009 2:05pm
Its important to remember that Forterra is still considered a developmental stage company and the mere fact that companies are conducting trials with the products IMHO means (for all of us) the best is yet to come. :)GLTA - HJ