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Re: fishhunter post# 40269

Thursday, 01/05/2017 2:47:33 PM

Thursday, January 05, 2017 2:47:33 PM

Post# of 53792
How many company's 5 year plans regarding revenue and earnings come true? 5%? 10%? "Plan" should be exchanged with "goals."

I trust you never invest in any company with a product based on market prices (such as commodities), because their 5 year plans are NEVER true. Just look at the difference in oil companies from two years ago to today. Most can't do ANYTHING on their 5 year plan from two years ago. Their revenue is completely out of their hands. Long term plans in capitalistic economies must be fluid to respond to market conditions.

5 year plans regarding revenue are nothing more than idyllic hopes. The only information that should be in those types of plans are business moves. Such as, "in one year we want our product to be in every walmart in the US. in 3 years we want to launch our product in Europe. In 5 years we want to have launched two more product offerings that complement our current offering." What you want to do is make strategic moves to grow the company and let the revenue take care of itself.
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