Post by
tamaracktop on Mar 22, 2021 1:30am
This is Serious Damage
This is a major sprain. Out indefinitely. Unless Kurt shines on Thursday. He's had a week more than I thought to prepare. Guidance will be key. If it isn't revs over $110 million, I will be extremely disappointed
Comment by
newcoin on Mar 22, 2021 1:41am
The market has totally over reacted. Estimates drop 20% and the s/p falls 50%? Please, that's nonsense.
Comment by
tamaracktop on Mar 22, 2021 2:34am
The implications of the drop in numbers are far more symptomatic than a simple logarithmic correlation would suggest. This is suddenly and unexpectedly problematic.
Comment by
tamaracktop on Mar 22, 2021 2:36am
Frankly. I'm still sick to my stomach about this
Comment by
JeroenP on Mar 22, 2021 2:56am
I know what you mean, its horrible when it drops like this, but just think about the long term. it should be ok. Thinking about buying some more
Comment by
Ciao on Mar 22, 2021 9:49am
Forward revenue estimates by analysts (after the conf. call held to discuss the Q4 warning) are still in the $140M + for 2021 (this is a major increase even from the missed $70M low end target let alone the revised $57M). The market should be looking forward and once credibility is restored, that should bring back investors and the share price.
Comment by
newcoin on Mar 22, 2021 12:47pm
If these numbers come out on the Conference Call on Thursday the s/p has to move up. These projections are amazing!!
Comment by
Ciao on Mar 22, 2021 1:09pm
After downward revisions, revenue est for 2021 are as follows; Beacon $142M (was 164) Canacord $151M (was 172) NB $145 (was 163) Desjardins $145M (was 174) TD $153M (was 189) Target prices dropped more from a drastic drop in EV/rev multiple than the effect of rev revisions for 2021. A lot of the analysts are taking a very conservative approach.
Comment by
ddogold on Mar 22, 2021 2:50pm
Thanks for the post . The analysts are absolutely right to err on the side of caution after the news . Trust needs to be reestablished by Xebec . We should expect a strong replacement for the COO position and a solid NR on Thursday . That certainly would go a long way in regaining the trust of shareholders and analysts alike .
Comment by
VicesVertus2222 on Mar 22, 2021 8:06pm
Hopefully the profitability of these estimated revenues are not based on costs as calculated for the previous jobs that were off the wall.
Comment by
Niceneasydoesit on Mar 22, 2021 12:30pm
There's usually another shoe!
Comment by
savyinvestor333 on Mar 22, 2021 12:36pm
Maybe we can use it to kick the trolls offf this board.
Comment by
ZouZS3 on Mar 25, 2021 7:17am
we expect consolidated revenues for 2021 in the range of $110.0 to $130.0 million
Comment by
Ciao on Mar 25, 2021 7:25am
It looks as though they are being conservative so as not to miss numbers. In the past they have had to guide down, so they've taken a lesson learned. The backlog is already at $100M. To call fo rev in the range of $110M tells me that, you don't really think they can't fill the bulk of $100M backlog and add $10M in rev? Let alone $20M or higher?