Exro Technologies Inc T.EXRO

The eclipse hasn't happened yet

[tamaracktop]

Post by nedstar71on May 10, 2024 2:12pm

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Post# 36034085

Eclipse

"I think we may be seeing an elcipse later today or early next week.  No not a solar eclipse, the phenomena where EXRO and PYR share prices briefly align perfectly.
Tamarack please do not stare directly at the share prices without foil sunglasses.  I fear if you do your head may very well explode ;-)
In all seriousness not looking great here.  You can only fake it so long.  Unfortunately I think reality is setting in, and a potential R/S will provide part of the push to move it under 50 cents permanently."

Not yet anyway.

You're waiting for 50 cents nedstar, I'm waiting for a dollar.

I think this is washed out.

The tug-of-war continues

[nedstar71]

This is true, which surprised me.  The commentary in the earnings release PR, while really just more of the same, was clearly enough to sooth the market's jitters.  Personally I think they just kicked the can down the road and the market is being far too forgiving.

[tamaracktop]

Time will tell nedstar. Very appropriate reference to "kicking the can down the road", but that phrase can be interpreted both ways. People have laughed at suggestions of $200 million revenues this year, and I tend to agree that's a stretch.  But what if their revenues come in at $150 million? Is it a buy? At $3.00, absolutely not. At 75 cents, absolutely.  You

[Napcoo]

Yahoo finance already updated revenue estimate of 2024 to be $120 MN, I tend to think $60 Mln would be a realistic number, given no orders announced, no backlog provided, must be embarrassed to talk about

[tamaracktop]

That might be a tad premature Napcoo. The "merger" didn't close until very early in the second quarter.  None of us know what kind of contribution Sea will add to revenues.  The 2nd quarter will be the first to report consolidated results 

[Moemoney42]

You sure like to use that "premature" word don't ya tatertot.. :-/

[Napcoo]

Hino and Mack are the main contributors to the revenue, they put orders 6 months in advance based on orders they have collected. Mack started production of ev on March this year, so exro should receive all orders to be delivered in Q2 and Q3. And I don't think they have 250 orders backlog, Sue is lying

[Pandora]

One thing about speculation - positive or negative - you can sure speculate depending on your frame of mind and maybe even the time of day!  And you certainly don't need to find any facts.