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Bullboard - Stock Discussion Forum Blumetric Environmental Inc V.BLM

Alternate Symbol(s):  BLMWF

Industrials
BluMetric Environmental Inc. is a Canada-based environmental consulting and engineering cleantech company. The Company provides end-to-end solutions in environmental geosciences and engineering, industrial hygiene, occupational health and safety, water and wastewater treatment, and environmental contracting and management. Its products include Reverse Osmosis Water Purification Unit (ROWPU... see more

TSXV:BLM - Post Discussion

Blumetric Environmental Inc > It is a big miss!
View:
Post by Angles on Aug 24, 2023 9:52pm

It is a big miss!

Wow, surprise miss by BLM. Yes, they stated some problems but had sales down alot, margins down to new lows with a big quarterly loss. Things seem completely off base right now, yet they spend money having a conference, hire more people and spend more money elsewhere without anything good happening. I am very concerned. I thought it was building a good base but now I see the stock falling quite a bit. Scott needs to focus his team seriously NOW.

Angles
Comment by TheBigW81 on Aug 25, 2023 4:34am
Still at book value. Terrible numbers. Lets see if by q1 they get it turning around. Need mgmt to buy and give confidence. I will add if drops to low 30s
Comment by Angles on Aug 31, 2023 12:18pm
More bad news to continue at least another quarter. BluMetric continues to execute its long-term growth initiatives while navigating a more challenging operational backdrop in the second half of this fiscal year. During this quarter, the Company faced obstacles in revenue generation due to schedule delays, particularly with respect to the Company's Northern projects. These challenges are ...more  
Blumetric Environmental Inc