Post by
zinger99 on Dec 13, 2022 6:24pm
CEO Presentation
Very informative and open CEO presentation today.
Strong Q4 and 30+% growth in sales in 2023 (conservative number) with further acquisitions also possible.
Glavel selling all single kiln production - approx $7.5M. Second kiln expected in place next year.
Expansion of business expected to smooth out seasonal revenue numbers.
Profitability improves considerably north of $30M revenue.
$100M sales company within 5 years.
Well positioned to ramp up and meet growth.
Generally very well positioned to pass any cost increases to customers given nature of cement contracting arrangments with Lafarge etc. Margins generally protected.
Comment by
kingscorpion on Dec 14, 2022 11:14am
The x- mas rally for this stock looks like is up on us and looks like with vengence like theres no tomorrow. So if you are sitting on the sideline you will end up with no shares in hand. BUY BUY BUY even if it is a small amount.