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Bullboard - Stock Discussion Forum PyroGenesis Inc T.PYR

Alternate Symbol(s):  PYRGF

PyroGenesis Inc., formerly PyroGenesis Canada Inc., is a Canada-based high-tech company. The Company is engaged in the design, development, manufacture and commercialization of advanced plasma processes and sustainable solutions which reduce greenhouse gases (GHG). The Company has created proprietary, patented and advanced plasma technologies that are used in four markets: iron ore... see more

TSX:PYR - Post Discussion

PyroGenesis Inc > Typical reaction
View:
Post by StairwayTo on Apr 02, 2024 6:58pm

Typical reaction

That’s typical, every past Q’s results which got bad to worst, get turned against some posters who highlight key indicators of the financial situation and not so convincing outlook short term (0 – 12 ,months).
The price, hasn’t move because it was expected, reason why it is trading where it is at 42cents, and has been for a long time, only on the downside. Didn’t move up and won’t for a while based on the outlook.
Some are taking comfort that they might collect an old debt, which could help them for a while. Something that should only be a normal course of business and not having to set a reserve for bad debt in case they won’t collect it.
Very disappointing and getting worse, versus what we were told or lied to 5 or 4 or 3 or 2 years ago.
Q1 2024 will be even worst and based on the sales for the past 6 months, less than $1M, the year 2024 could very well be worst than 2023.
Comment by Thinkbigsti69 on Apr 02, 2024 7:07pm
Why are you even here Stairway to bashing? Paid? Full time bashing. Must be a reason why some entities are so afraid of game changing tech? Why would somebody be waisting so much energy on a stock that they hate? Paid to bash! 
Comment by StairwayTo on Apr 02, 2024 7:42pm
Think69Bcon, What do you say about the bad debt allowance increased to $8.6M?
Comment by Thinkbigsti69 on Apr 02, 2024 7:45pm
I say you are a paid basher. You will be re-affected soon enough to another bash as soon as PYR gets one juicy contract and it will be bye bye to you. LOL
Comment by StairwayTo on Apr 02, 2024 7:46pm
What do you say about the bad debt allowance increased to $8.6M?
Comment by tamaracktop on Apr 02, 2024 8:04pm
"Management has established a credit policy under which each new customer is analysed individually for creditworthiness before the Company’s payment and delivery terms and conditions are offered. The Company’s review could include reviewing external ratings, if they are available, financial statements, credit agency information, industry information and in some cases bank references ...more  
Comment by jimrabbit on Apr 03, 2024 7:36am
According to sound business practice unfortunately the product sent to Daffy DeLoosey may never be paid for if he can even be located
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