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Backlog was 42 mil at end of year,

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Intotheblack   Thursday, 03/16/17 07:50:10 PM
Re: drugmanrx post# 60183
Post # of 62130 
Backlog was 42 mil at end of year, and is currently 60 (almost end of Q1)-
Probably due to rain delay-
Company said permitting was also a cause- they are having slow down from utilities and govt they said that are purposely slowing down the process...

You're comparing two periods from different years- growth is QOQ (3 to 4) and YOY (15-16), you are comparing certain Q's from last year and this year which sure- could be a comparison- but they clearly the business doesn't have linear growth that way... I think you are over analyzing it.

The market clearly slowed when Trump was elected.

They are now 68% ACI mix, and growing that to 75% ACI in 17. The switch to more commercial and different sales techniques I would say is the reason for the lumpy growth, and the rain is certainly going to affect them from end of December through the first two months of the year.

Most of this is my spec on top of the Roth conf and info released recently-


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