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Very probably more realistic here. It never makes much sense to have the slightest confidence in popular aphorism. Just whistlin in the wind for lack of other ... "fun"? ... and irritated in principle by certainty founded on ignorance. ex.
Always darkest before the dawn ....? Nothing is impossible here where nothing is known. Cross your fingers or pray as you prefer, it's a fair assumption that enlightenment will be granted eventually. ex.
It must be disappointing for everyone anticipating imminent termination to see the ground being prepared for major reconstruction and development. The statement is a careful and clear presentation, and hopefully is a model for the reports which are to follow immediately. Because it's time to dispel the traffic problems in NF. Lift the hat, roll back your sleeves, and show us plainly what's on the table. ex.
Echo that. If your company is in terminal decline why hire an expensive new CFO? Any incumbent is as good as any other to go bk. One of the many intriguing and impenetrable puzzles while the only thing certain is that no-one but the gov'ner knows nuffink. ex.
Kool. Thanks for response. In view of multiple red flags and the strength of the 'dead in the water views, imho management has an urgent obligation, moral if not legal, to reveal any basis for substantive positive expectation. Unexplained silence is putting shareholders in a position where it is impossible to know their situation or how to respond. ex.
Kool and xxxl - Grateful if you can say how you explain the silence. If anything positive exists why not reveal it? If it doesn't, same thing. You both seem rational yet remain confident. Please cast some light on the darkness if you can. ex.
Management has made it clear by its actions that it is guarding production figures carefully. There may be many explanations: among them, the figures are too weak to make public, they are no longer relevant since the change of business plan, or flexibility is helpful in negotiations with machine customers who may have individual needs. In this light, imho, speculation regarding gallonage in any period is pointless. In addition to which, anyone hoping for large gallonage in Q4.13 or Q1.14 must have failed to note the winter conditions at NF which must have made transportation logistics a nightmare.
Supporters will hope that information due March 31st will prove sufficiently positive to support renewed hopes for a turn-around at the edge of the precipice which loomed. ex.
Having just emerged from hip surgery I can confirm hospital plastic waste is mixed with with everything from cotton towels to cardboard and unmentionables. See impossible sorting problems. ex.
As explanation that would be fine if there had been been bad news followed by good news. There has been no news, bad or good that explains recent movements. So what was the WOW other than an excelsior banner waved in hope ... or possibly despair? No comprendo. ex.
Any WOWser care to reveal the secret? What can rumour achieve without any substance? Of course anything can happen with JBI but this seems more puzzling than usual. ex.
4k. Good question about the K. What is your answer, please? ex.
Personally somewhat underWoWsed, stocker. Hope you have solid info because nothing is more harmful now than propagation of baseless flummery. ex.
kinda wish I was in on the secret too, hemi. True or Fool's gold d'you think? Tantalizing, hunh .... ex,
Misunderstanding perhaps - Was not intention to increase frequency of info? What is point of mid quarter up-date, which almost coincides with required filing, if there is no end/beginning up-date (whichever you want to call it) as well? Two mid-quarter announcements within days and no other - what kind of improvement is that? ex.
I'll endorse your first sentence. Tomorrow we are two seeks into Q1, but not a murmur from mgnt regarding promised twice-quarterly production reports or anything else ... Capn, are you sleeping down below, cause the ship is burning? ex.
4k - So exactly what would you do? Please explain clearly. ex.
Ditto thanks Roth, and congrats to Management for releasing Q&A. Suggests a turnaround in transparency which is long overdue and most welcome. Now all we need is delivery on forecast Finance, BOD, and prox Sale - quam celerrime - and 2014 prospects are transformed. Arise Lazarus! ex.
Thanks. Again that's why it's important to make all relevant info available. A report would not need to identify questioners by name if that's some kind of problem. ex.
That's absurd. You provide the very reason why the Q & A's need to be made public, not hidden secretly - lot's of meat there. Not every shareholder was free and able to tune in. ex.
OK - we have Transcript of prepared statements. I'd like to see record of Q & A. Any info? ex.
Any info on trranscript? ex.
Walking Dead or Lazarus ? - that is the question. Hope against hope AGM will not fail to provide updated factual content because Commando has it right about confidence shortfall. There are so many unanswered questions which are proper AGM business that require explanation. A couple of formal resolutions will not suffice, so lay it on the line tomorrow, Management, and good strength to your elbow. ex.
Ah - the simple truth! That's been the missing catalyst in JBI information for years. I hoped the RH regime might recognize its virtues. ex.
Thanks bueno. Think I'm out of my mind but hope springs .... Can't pm, Send me email address if you care to. ex.
Jahuel. I am puzzled by the math of your conspiracy. If RH waited for .01 - predicted by some - he could buy 100m shares for $100,000. Why spend 3m for them now? Seems a little odd, don't you think? ex.
It's hard to dispute your post, but I have one question only. Is RH not an insider, and why would he increase his long-standing investment on such a scale unless he is confident of the future?
ex.
kirogi - a little more speculation about that 'unsuitable' load of HTF because it is a perfect example of incomplete explanation: at the same time unsatisfactory and disturbing. Why are we told it will have no effect of Q4 when it did not happen, but not what effect it had on Q3 when it did? The fault apparently lay with the supplier so JBI was blameless, but did it cause a fracas like the prior 'wet feedstock'? Was it partly a cause of P3's disappointing Q3 production? Was it the cause of the surprisingly long cleanout after the 40 day run? Or will 3 weeks cleanout be required after every long run, meaning downtime of approx. one third of overall time, or was that due to a different cause altogether? Or did it have no effect on Q3 at all? And so on and on. Why open the field for endless ignorant speculation instead of giving adequate facts in the first place? Is management unaware that its every word is parsed to exhaustion? You call for clear communication - oh boy! A lot of us are with you all the way. As to me, No comprendo. ex.
Excellent, kirogi. It has always been a problem and often a matter of complaint that management prefers to issue vague commentary instead of simple facts. Your examples are spot on. When statements are vague and uncertain they simply create confusion. Somebody seem to have no understanding of the damage this self-inflicts. ex.
Please explain how will they sell a machine before they show conclusively that it can run profitably? Isn't that the central problem which P3 was supposed to solve? ex.
Look forward to your considered reply - thanks. ex.
4k - Can you identify any factual response to the questions you listed? My greatest disappointment is that new management seems unable to break the old mold. ex.
More like MAKEORBREAKODAY imho. Fingers crossed. ex.
4k. It was disappointing that no endQ news was released, but it was never promised. Provided Nov 12th provides mid 4Q detail as well as end 3Q, the promise will be kept - and knowing that real information will be delivered on time and as promised will represent a big improvement over the past. ex.
It is easier to understand Finnegan's Wake than the language describing this situation. How many years do you think resolution might take if it went to Court? ex.
bueno. Not sure whether you mean change of control to Heddle regime or through Letter of Intent. If the former I hold my breath until Nov 12th. If the latter that's way beyond my limited comprehension of legalities. Fingers crossed. ex.
4k. Don't overlook RKT. Jacksonville? Which machines when? Status of site, building, etc. Status "partnership' agreement - is it history? Intentions of partners if any? (Long, long time since we had any word).
Supply agreements? Crayola cannot supply p3 at full capacity, let alone a m/c group.
Above all seek regular, clear, production figures including costs. All supporters want facts, good or bad, not hooey and mystification. ex.
Basic questions.
RKT: status Jacksonville, completion date, machine commitment, future intent of parties.
Supply sources beyond Crayola, new agreements.
Machine sale intentions, progress.
Transparency, information practices.
ETC, etc, etc. ex.
That's my point. November 15th-17th will see 3rd quarter filing and will also be mid 4th quarter. So we are to expect both simultaneously? ex.
Reverting to previous posts regarding updated production reports: If we have to wait for end quarter info until obligatory filing approx six weeks later, then that release will coincide with newly-promised update of the then current quarter.It seems absurd to release both at once, and I cannot believe that was the intention of the new procedure. Surely the need is for info asap after quarter ends, and update asap halfway through following quarter. In which case, it would be good to see q3 results very soon even though this was not promised in the announcement. There is a real need to clarify current activity because there can be no escape from the current doldrums without it. Please correct any misunderstanding on my part. ex.
You are spot on, bueno. I agree with all you say.
My suggestion that news is needed was an attempt to avoid repetition of past error in relying on silence as a way of hiding problems. True transparency is what has always been the first necessity and has always been lacking. As you say, the news when it comes must be fully explicit. I'm hoping the days of raising false expectations are over. ex.