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Bullboard - Stock Discussion Forum Pioneering Technology Corp PTEFF


Primary Symbol: V.PTE

Pioneering Technology Corp. is a Canada-based energy smart technology company. The Company is engaged in cooking fire prevention technologies and products. The Company’s cooking-fire prevention products address the problem of cooking fires. The Company is focused on developing advanced thermo-based technology solutions for opportunities that exist to improve the safety and/or energy efficiency... see more

TSXV:PTE - Post Discussion

Pioneering Technology Corp > Q4 expectations
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Post by Captain71 on Dec 30, 2020 11:51am

Q4 expectations

Here is what I think we need to see in Q4 report for Investors to be confident that the company will get through these hard times and that increased revenue and earnings are just around the corner.

Although the pandemic was still in full swing in fiscal Q4 (ending sept/20), the company needs to show some improvement as a few things started to open up. Q3 with the lockdowns and order cancellations needs to be the worst.

Minimizing cash burn is at the top of the list. Be great if they can end the year with at least 3.4 million (0.06 cents) cash on the balance sheet. Net loss needs to be no more than 0.4 million to achieve that. Hopefully expenses were tightened a little but still probably going to need revenue north of 1.2 million to get that. If the company can at least achieve these numbers it will prove to investors they can get through the pandemic with a healthy balance sheet. SP will then likely trade at 1.5 – 2 times revenue per share plus cash on the balance sheet (+/- 0.10 ). 

Fiscal Q1 report is then just around the corner, so the tone of Q4 report needs to be positive, with indications that they expect increases sales for fiscal Q1 2021 and going forward. This will have an influence on the share price, as will any update on tariff negotiations.

I realize this does not sound very optimistic, but in the midst of a pandemic we need to be real. Any improvement on these numbers will certainly increase investor confidence.  Remember back in Q1 before the pandemic hit, earnings were positive, and investors are aware this is highly likely once again after things settle down, even more so if Tariffs are reduced.

Many small companies will probably not survive this pandemic and the new normal. Investors are looking for ones that have the ability to do so and potential for increased revenue and earnings.

This is my opinion only and may not represent that of other investors, nor is it investment advice. Disclosure: Shareholder and long.

GLTA
Comment by AVALONSHARK on Dec 30, 2020 2:47pm
First of all the fact that they were able to sell 800k in Q3 is commendable given that almost everything including parts of their supply chain was shutdown. They had mentioned that, some of their Q3 projects have shifted to Q4, plus given the recovery across the multifamily spectrum- I think Q4 will be much higher than 1.2 mil. I am expecting closer to $2 mil sales for the quarter. However with ...more  
Comment by Captain71 on Dec 30, 2020 3:48pm
Thanks for weighing in Avalonshark. Q4 revenue of 2 million plus would be huge for investor confidence at this point. Most would feel that positive EPS will come sooner than expected and do wonders for this deflated share price.  CEO was unclear of how much of Q3 delayed orders would actually take place in Q4, so I am a little hesitant to try and predict revenue. I just feel to gain some ...more