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Re: boundas post# 11711

Saturday, 04/18/2015 7:51:00 AM

Saturday, April 18, 2015 7:51:00 AM

Post# of 39099
You should honestly try to bid for some trips. You can drastically reduce your average cost with little extra investment and recoup at least part of your investment at some point.
While the company's margins decreased significantly from 2013 to 2014 (from 21% to 8%), the company only needs a marginal improvement of 3% in gross margins to break-even thanks to the steep increase in revenues. We have not been given any guidance on margins, but at least there is a good chance that this might happen with the completion of the 2014 restructuring. If that is too risky for you, wait for Q1 financials in May and react if margins improved >10%.