Post by
oldinvestor64 on Nov 10, 2021 10:41am
view on conference call
I found the call very uplifting , with positive overtones.
a positive momentum started around the last month of the 3rd Q and it's seen to continue into q4.
Reiterated the margin expansion due to expected cost savings for 2022 to be in the range of 3-4 million ( refinancing, plant relocation and new Canon techology) and higher profit business from digital conversion.
The CEO reaffirmed that any supply chain material cost increases are been passed to their clients.
I think the new management is executing well and am optimistic of a successful turnaround.