Post by
StairwayTo on Oct 05, 2020 3:52pm
Factual numbers
The only factual numbers we have is from the CEO himself, which is Q3 eps of $0.06 and year end forcast at $0.11 (leaving $0.02 for Q4), which is concerning to me. Some of you mentioned that a contract would not generate immediate revenue, I agree, but it also means that if a x amount of torches are to be signed by end of Q3 or thereabout, it would take more then 3 months to deliver and book revenue, even for 1 torch. I thought it would be a faster process.
I'm affraid Peter does not anticipate additional revenue for the remaining of the year, does it mean that 0 torche will deliver this year?
Comment by
kingscorpion on Oct 05, 2020 3:59pm
And i think you are talking from your rear end stairway Weren't you a troll in the beginning then you started talking like along and now back to troll position What happpend did your stairs led you to hell instead
Comment by
jchoo04023 on Oct 05, 2020 4:01pm
Dear StairwayTo, I do not understand why you are selectively choosing messages. Yes that was in the report, but we were also informed by Peter himself that they were expecting to close down a torch order near the end of Q3. Thank you, Jchoo
Comment by
MaxlRose on Oct 05, 2020 4:05pm
If I remember correctly, there 's a thing called ''percentage revenu recognition'' or something like that. First time I read it, an iceberg came to my mind. Hope that helps
Comment by
StairwayTo on Oct 05, 2020 4:13pm
Yes, heard of it, even more concerning, is that there wouldn't be any revenue recognition either in Q4