ADF Group Inc T.DRX

shaking the tree to get cheap shares

[microcaphobby]

I bought  1000 at 13.29 this am.

[colourama]

What are people worried about this time?

[microcaphobby]

very small trades 100, 200 at a time. Someone is trying to drive down the price. I tihnk they will make over 50 cents a share in the 2nd q, and as high as  61 cents a share. 

[colourama]

Microcaphobby, what gross margin % are you assuming when you arrive at that range? I believe the CFO said due to a favourable mix, the gross margin in Q1 was slghtly stronger than expected, so gross margin in Q2 will naturally be a bit lower quarter on quarter. Macro sentiment aside, I find it strange that the market seems to be so jittery when the company reported strong earnings just in June. I

[microcaphobby]

I am not convinced the gm will be less than the 1st q. Add in 8% less shares and  no 16 cent share based  compensation and if you have same profit as last q of 47 cents  you get to will over 60 cents  a share profit. 

[lifeisgood1010]

Hi Micro, J.F.Boursier did say that Q1 results came in with a VERY FAVORABLE MIX. There is no way i can predict the quarterly mix.So Q2 could be less. Hard to see it being better but i am cheering that you are once again right in your call. It would not be a first as the one who read your posts know how accurate you have been on this company. But i agree with you, the 16 cents charge will