Lonestar West Inc. V.LSI

Fleeing a Sinking Ship

[stinkytoes]

Bad is down 10% in the last two weeks - we're up over 4% today - they are all coming over here in droves where the grass is GREENER :)
Gee I hope we get good numbers
GLTA

[MagicBeans]

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[stinkytoes]

You have a good weekend too Magic, by the way I saw your Foghorn Leghorn post the other day it was a thing of beauty LOL

[MagicBeans]

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[MagicBeans]

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[PAGODA5]

No need to hope, it is WHEN we see the good numbers.

[stinkytoes]

Pagoda I don't think there is any question that we are going to see higher, likely significantly higher revenue numbers. The thing that keeps kind of niggling at the back of my mind are their operating costs. I looked at the financials for Sept 13 and for the quarter their revenue increased 35% compared to the previous year's quarter. The problem is their operating costs increased 47

[MagicBeans]

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[PAGODA5]

If you look back at Badger's numbers during a similar point in the past, you find the same cost increases.  This is about getting to economies of scale.  It is necessary in this business because these trucks are very costly to engineer, build and operate.  These costs are present a nice barrier to entry. 

[MagicBeans]

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[PAGODA5]

Magic, my father, God rest his soul, was a physicist, use to always say "It is never rocket science, it is just physics".  I don't believe in posting a bunch of numbers on stockboards because frankly, they are open to interpretation and I believe 99% of the people on here don't even read them.  This is about fundamentals and let's look at the fundamentals of this

[MagicBeans]

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[MagicBeans]

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