Friday, July 01, 2016 12:36:35 PM
I still haven't seen any MCIG representatives demonstrate how the GL construction project will result in positive net profits using GAAP.
And, how does MCIG define "operational profit"?
Do they know the difference between growing the top and bottom lines?
Sure, we want top line growth. However, they just don't want to acknowledge the deceleration of revenue growth.
And, imo, it's more important to see the bottom line (net profit) move towards the positive - because that means cash, and will more likely than not reflect positively on PPS. Which is really where we want.
Smoke and mirrors, we don't need.
Blame the coach, not the ump
p.s. what kind of sales has there actually been on those home grow units??? Hmmmmmmm.
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