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Re: nelson1234 post# 33695

Thursday, 03/30/2017 10:21:16 AM

Thursday, March 30, 2017 10:21:16 AM

Post# of 116738
VASO

Is saying earnings on their professional sales earnings dropping 33% from 4.5 million to 3 million saying they are doing better.

As for IT I simply used the number that they have been posting every quarter, the last several at one point based on what they said I was hoping for improvement, stopped looking for that. as for equipment, they earned a profit last quarter, couldn't see based on what they said last quarter that equipment wasn't gonna do at least the same. Also Equipment had like a 500-600k charge last year, so the numbers I'm telling you weren't better then last year overall, Granted I had higher expectations earlier in the process, but these numbers were waaaaaaaaaaaaaaaaaaaaaaaay below anyone expectation even if your bearish on it you would of had 2 million in net income in q4, and heck even if they reported .01 I think the stock would of bounced to .13-.14 which was way down from my .02 estimate in the beginning of the process which really wasn't calling for growth either. If they earned 4 million which was down 500k, lost 800k on it, had 100k profit in equipment, and had 300k corporate expenses they would of had .019 in eps, and that really wasn't even looking at it from a growth perspective because I had professional sales down y/y in my opinion in all my scenarios. All is just my opinion, and I could always be wrong though.

---All above is just my humble opinion.
And I could always be wrong.
And as always do your own DD.---
http://www.investorshub.com/boards/board.asp?board_id=5316

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