The more assumptions you have to make, the more unlikely an explanation is.
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My point is even discounting the end of year gross revenues the MC is cheap historically.
So $23m sounds a very conservative number for 2017. That would be no change in Q4. If Q4 doubles would be awesome. Since April MC has been $25M or better, about 2.5x 2017 revenues.
Haha martial arts and anger, needs some wax on wax off.
More strength here, good to see, new highs coming maybe.
Awesome dc
Well it’s nothing new to say we won’t know till we know. However, sounds like this is 6 of the 8 that Sept pr said was to roll out in Q1, so the 6.6M makes sense. Sounds to me like they are on track.
Ok back to doing other things while we wait.
Silex Holdings should juice from this tax cut. Some will feel more confident to remodel that kitchen.
However they suck at writing PRs
Beginning early December PR was about “rolling out “ 8 deals. Now we have concluded 6 deals. I like that a lot.
I’m reading these are signed, done deals, you?
They look new.
Trump will start infrastructure push in January, White House officials sayhttps://www.cnbc.com/2017/12/07/trump-will-start-infrastructure-push-in-january-white-house-officials-say.html
Yeah, last spring KWBT ran 350% primarily due to growth in revenues.
This year company has estimated another double. They are well on their
way to that. In the first 2 Q’s they have close to $9M with the 4th Q being their largest they are in good shape to meet or beat the estimate.
The website is beautifully done. Saw it on my phone today, still great.
You would think folks would know to not jump their offers DOWN, slows momentum. Low float lightly traded, got to be patient.
It's about as simple as that PR. Today some bought and some sold. Pretty ballsy to update for 2018 Q1 if they got nothing.
Nice! I got a volume alert. First Q 2018 we find out
CEO says delay in meeting rev estimates due to loss of tax credit. Guessing there are those that would argue that point. $500M now 2022, 2 yrs off. I can hear the pencils scratching. It may be bottomed but I won't bet on it with that short position.
Thanks, yes includes meals and detail tours of their products. Interesting.
Anybody ever heard a 4.5 hr CC?:
Title: Plug Power 2017 December Investor Day
Date: 12/06/2017
Time: 11:00 AM EST
Duration: 4 hours 30 minutes
As the CEO has managed to make even the brightest news worrisome,
my imagination is not going wild. More like a irksome curiosity.
Yes and only the audit company knows for sure when they will be done and even that is subject to change. All depends on current work load and how many requests for additional data.
I’m just waiting for them to grow their revenues.
“our team has geared for completion of the year-end information by mid-September for audit. “
I don’t think this is a prediction if audit completion.
So close to cash flow positive. New wholly owned factory about to go into production. Better margins and new product offerings in their brand.
Well! Happy dance, thanks.
Thanks, no surprise about the re-audit. Good to hear the current Q is only short delay.
What’s with the huge (relatively) jump in cost of revenues yoy?
Gross profit increased to $1.7 million as compared to $1.6 million for the prior year period.
-- Total revenues increased 176.7% to $5.4 million, as compared to $1.9 million for the prior year. The increase was primarily the result of the Company's efforts to diversify its business.
-- Gross profit increased to $1.7 million as compared to $1.6 million for the prior year period.
-- Net income for the first quarter of fiscal year 2018 was $716,637 compared to net income of $637,785.
KWBT-Five provinces with plans/financing for building factories or fpb's (fertilizer production bases):
1) Penglai, Shandong Province
2) Yingshang County, Anhui Province
3) Guizhou Province
4) Inner Mongolia Province
5) Xinjiang Province
PLUG - CEO is a problem, perhaps he needs some basic training in sales or hire Scott Adams as tutor in “persuasion techniques” but I thinks he’s just in over his head. I mean really? $1.18 pps for 20% of the company?
I’ve talked and exchanged email with CEO numerous times, she is helpful and open. There is not any sense that company is hiding anything. They are working hard to build the company.
KWBT now has a p/e of 2.45. Avg for industry, mid 20’s.
The absurdity is complete. A pink with zero sales revenue cash and nothing but an idea for how to make some money (it’s a recycled idea nothing new or novel) closed at .0079.
PLUG has a new 52 wk high. CTEX sucks.
CETX- Cemtrex Signs Letter of Intent to Acquire Virtual Reality Software Studio
11/6/17, 6:32 AM
Farmingdale, NY, Nov. 06, 2017 (GLOBE NEWSWIRE) -- Cemtrex Inc., (NASDAQ: CETX, CETXP, CETXW) has signed a letter of intent to acquire a virtual reality software development studio headquartered in New York City. This virtual reality and software development studio has been in business since 2010, has a talented pool of over 30 programmers with experience in prototype development & interaction design with annual sales of over $1.5 million. The studio’s Augmented Reality (AR) and Virtual Reality (VR) software and solutions help its clients develop software for training simulations, building product prototypes, creating virtual customer experiences and gaming apps. The software studio also has widespread web, iOS, Android, and Windows software development capabilities.
Mark Zuckerberg, CEO of Facebook, which acquired Oculus, a leading VR headset manufacturer, in a recent statement, has made an ambitious goal of obtaining a billion users in virtual reality. With a new $199 Oculus Go headset expected to be released in February and a price reduction in Oculus Rift this goal may occur much sooner than most expect. Facebook also announced future plans to target headsets towards corporations in order to achieve its goals.
Virtual Reality is one of the fastest growing business areas which is expected to reach over $500 billion by 2025 and the industries that will generate VR opportunities include: industrial design, medical diagnostics, entertainment, sports, training simulations, productivity tools, social experiences, manufacturing optimization, app development, tourism, & advertising. All industries whether retail, education, social media, healthcare or manufacturing, will experience widespread disruption and innovation in their products and services by utilizing VR & AR solutions to increase their profitability in the coming decade.
“With the establishment of our Cemtrex Advanced technologies subsidiary in July of this year, the Company had entered into the development of advanced electronic products, but as we continue to grow we believe it is important for us to have comprehensive software development capabilities. This software studio’s experienced workforce has extensive expertise over VR & AR software development for wide applications of products and solutions, including custom AR effects, 3D Augmented reality, artistic content creation and third party software integration to building a solution that creates real world environments. Additionally, many of our existing customers who rely on us for hardware expertise look to us to provide software solutions and through this acquisition we will be able to meet this growing demand in the future,” said Mr. Saagar Govil, Chairman & CEO of Cemtrex, “We have focused on positioning Cemtrex into cutting edge technologies that will be at the fore-front of our daily lives in the coming decade and the acquisition of this software studio shall provide tremendous global opportunities for our company in this newly emerging market,” added Mr. Govil.
Due to the confidentiality agreement in place, the Company will provide details about the acquired company after closing the transaction. The Company expects to close this transaction by end of the year and the terms of the deal have not been announced.
About CemtrexCemtrex, Inc. (NASDAQ:CETX) is an international diversified industrial and manufacturing company that provides a wide array of solutions to meet today’s technology challenges. Cemtrex provides manufacturing services of advanced custom engineered electronics design and manufacturing services, comprehensive industrial services, monitoring instruments for industrial processes and environmental compliance, and systems for controlling particulates, hazardous gases, emissions of Greenhouse gases, and other regulated pollutants. The Company is also in the process of developing its own proprietary IoT and wearable devices. For more information about Cemtrex, please visit www.cemtrex.com.
Safe Harbor StatementThis press release contains forward-looking statements. Actual results could differ materially from those projected in the forward-looking statements as a result of a number of risks and uncertainties. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date.
Investor Relations
Cemtrex, Inc.
Phone: 631-756-9116
investors@cemtrex.com
That’s dated Feb and nobody cared, as a matter of fact the pps climbed for 5 months after that filing. It’s clear with the rapid expansion/revenue growth since the Feb 8-k the company’s plan to re-evaluate and hire a top 20 firm is a good one.
My burning question is are they on track to full production in that factory. They have the building, cash and a new product line. Where’s production?
Nasdaq it’s $2 $3 or $4, going to take a bit more time now.