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iHub Time Traveler

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Re: Big daddy wags post# 29185

Tuesday, 03/07/2017 9:00:38 AM

Tuesday, March 07, 2017 9:00:38 AM

Post# of 56354
my point is I am still not convinced PLUG will be abble to become profitabble in 2017..


why??

because they will contract more people
more 1 shift = more electricity expenses.. and more 60 ~ 80 salaries to pay..



they are developing/design the progen protype..

and they plan sell 13.000 units in 2018 to china..

Im sure if this deal come true.. they will need to buy or create a new facility to produce this 13.000 units... (maybe is necessary an investment between 20 ~ 30 millions...) this means more loses for 2017


my predictions is PLUG profitability maybe only for year 2018

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