http://www.orlandosentinel.com/news/breaking-news/os-power-outage-numbers-hurricane-irma-20170920-story.html
Not sure why you'd be chasing the stock in the $6's. Because of a 1-time boost from Irma? Not even sure how much it'll help. Because they had to pull crews away from working on their normal contracts, I doubt it moves the needle much. Last year Hurricane Matthew was supposed to bring all this extra work for GV. There were even pictures of GV crews helping restore power. It sure didn't show up in the financials. Maybe Irma adds an extra penny or two of earnings in Q3. Is that worth the stock soaring from the low $4's to the low $6's??
And aren't you worried about the backlog? Revenues and earnings down the past 2 quarters, but the decline in backlog is really scary. At a time when many companies in the sector are doing great, GV backlog dropped sequentially from $190M at the end of Q4 to $152.3M at the end of Q1. Then another big drop to $129.7M at the end of Q2. To make matters worse, their high margin backlog had declined all the way to $13.7M last quarter, down from $30.9M the prior year. Yikes! What the heck is going on? It's like they've gotten zero new business so far in 2017.
Recent GV News
- Visionary Holdings Inc. Announcement of Management Change • PR Newswire (US) • 04/23/2024 11:00:00 PM
- Visionary Holdings Inc. Announces Board Change • PR Newswire (US) • 04/04/2024 10:00:00 PM
- Visionary Selects YCM CPA INC as its Independent Registered Public Accounting Firm • PR Newswire (US) • 03/06/2024 11:00:00 PM
- Visionary Announces Board Changes • PR Newswire (US) • 02/08/2024 02:09:00 PM
- Visionary Announces Name Change • PR Newswire (US) • 02/08/2024 01:10:00 PM
- Visionary Education Group Established a MOU with Algoma University • PR Newswire (US) • 01/29/2024 01:00:00 PM
- Visionary Education Group Established a MOU with Algoma University • PR Newswire (US) • 01/18/2024 01:00:00 PM
- GV Announces Successfully Held Global Chinese Capital Establishment Conference • PR Newswire (US) • 01/11/2024 01:00:00 PM
- Visionary Education Technology Holdings Group Inc. Announces Results of 2023 Annual General Meeting and Receipt of NASDAQ Extension Letter • PR Newswire (US) • 12/13/2023 10:00:00 PM
- Algoma University Executives Visited GV Headquarter in Toronto • PR Newswire (US) • 12/12/2023 01:00:00 PM
- Genomic Vision annonce l’ouverture d’une procédure de redressement judiciaire • Business Wire • 11/17/2023 05:00:00 PM
- Genomic Vision Announces the Opening of a Receivership Proceedings • Business Wire • 11/17/2023 05:00:00 PM
- Genomic Vision : Information financière du 3ème trimestre 2023 • Business Wire • 11/14/2023 05:00:00 PM
- Genomic Vision: Financial Information for the Third Quarter of 2023 • Business Wire • 11/14/2023 05:00:00 PM
- Genomic Vision : Nombre total d’actions et de droits de vote • Business Wire • 11/08/2023 05:38:00 PM
- Genomic Vision : communiqué relatif aux démissions au sein de la gouvernance • Business Wire • 11/07/2023 05:00:00 PM
- GV Announces Terminated Mr. Charlie Penn's employment as COO • PR Newswire (US) • 11/06/2023 10:00:00 PM
- GV to Hold Annual Shareholder Meeting on December 11, 2023 • PR Newswire (US) • 11/06/2023 09:30:00 PM
- Genomic Vision sollicite l’ouverture d’une procédure de redressement judiciaire • Business Wire • 11/03/2023 05:00:00 PM
- Genomic Vision Requests Receivership Proceedings • Business Wire • 11/03/2023 05:00:00 PM
- Genomic Vision élargit son offre de services de Replication Combing Assay • Business Wire • 11/02/2023 06:00:00 AM
- Genomic Vision Expands Its Replication Combing Assay Service Offering • Business Wire • 11/02/2023 06:00:00 AM
- Genomic Vision participera au 30ème congrès annuel de la Société Européenne de Thérapie Génique et Cellulaire (ESGCT) à Bruxelles du 25 au 26 octobre 2023 • Business Wire • 10/24/2023 04:00:00 PM
- Genomic Vision at the 30th Annual European Society of Gene and Cell Therapy (ESGCT) Congress in Brussels from 25 to 26 October 2023 • Business Wire • 10/24/2023 04:00:00 PM
- GV Announces A New Sharing Education Program • PR Newswire (US) • 10/19/2023 12:00:00 PM
NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • NNVC • May 2, 2024 10:07 AM
ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM
Cannabix Technologies to Deliver Breath Logix Alcohol Screening Device to Australia • BLO • Apr 30, 2024 8:53 AM
Hydromer, Inc. Reports Preliminary Unaudited Financial Results for First Quarter 2024 • HYDI • Apr 29, 2024 9:10 AM