Post by
Whydunnit on Nov 12, 2020 3:54pm
Meh at best
Was expecting a sale of 10 torches minimum with a down payment for financing the build, which doesn't seem like a pumped-up expectation at all. Then other dominos fall in a similar manner. Now just four torches and a shift to leasing with dribs and drabs coming in and the need for a third party to do build financing? I'm no expert on leasing but I think Peter got outnegotiated. I hope the rest don't follow this pattern, when and if they happen. Looks like the market agrees, down a buck already.
Comment by
Asamatteroffact on Nov 12, 2020 4:00pm
Don't be a fool, leasing brings much more sales in the game as upfront committment is a hurdle for most business. The capital outlay is massive for the amount of torches just one of those players requires. Speed of scale & adoption favors leasing. They can upcharge it too. The market sell off is very short sighted. Their loss!!