http://www.orlandosentinel.com/news/breaking-news/os-power-outage-numbers-hurricane-irma-20170920-story.html
Not sure why you'd be chasing the stock in the $6's. Because of a 1-time boost from Irma? Not even sure how much it'll help. Because they had to pull crews away from working on their normal contracts, I doubt it moves the needle much. Last year Hurricane Matthew was supposed to bring all this extra work for GV. There were even pictures of GV crews helping restore power. It sure didn't show up in the financials. Maybe Irma adds an extra penny or two of earnings in Q3. Is that worth the stock soaring from the low $4's to the low $6's??
And aren't you worried about the backlog? Revenues and earnings down the past 2 quarters, but the decline in backlog is really scary. At a time when many companies in the sector are doing great, GV backlog dropped sequentially from $190M at the end of Q4 to $152.3M at the end of Q1. Then another big drop to $129.7M at the end of Q2. To make matters worse, their high margin backlog had declined all the way to $13.7M last quarter, down from $30.9M the prior year. Yikes! What the heck is going on? It's like they've gotten zero new business so far in 2017.
Recent GV News
- MOU for an Investment of up to USD 120 Million Signed between the Public Investment Fund (PIF) of Saudi Arabia and Visionary • PR Newswire (US) • 09/12/2024 01:30:00 PM
- Visionary Holdings Inc. Reports Fiscal Year 2024 Financial Results • PR Newswire (US) • 08/15/2024 10:00:00 PM
- Visionary on the Move • PR Newswire (US) • 06/14/2024 08:30:00 PM
- GV Regains Compliance with Nasdaq Minimum Bid Price Requirement • PR Newswire (US) • 06/13/2024 12:30:00 PM
- Broader Development Opportunities for PSW Sector • PR Newswire (US) • 06/07/2024 12:30:00 PM
- GV Announces Tokenization Partnership with ABB-FG • PR Newswire (US) • 06/06/2024 12:30:00 PM
- GV Embraces Huge Potential Opportunities • PR Newswire (US) • 06/05/2024 12:30:00 PM
- Top Reasons to Have GV on Your Radar • PR Newswire (US) • 06/04/2024 12:30:00 PM
- Visionary Pioneering Innovation Across Four Key Frontiers • PR Newswire (US) • 06/03/2024 12:30:00 PM
- Leading the New Energy Vehicle Industry • PR Newswire (US) • 05/31/2024 12:30:00 PM
- GV Aims to Become a Global Leader in AI Education, Popular Science, and Technological Innovation • PR Newswire (US) • 05/30/2024 12:30:00 PM
- GV Innovation High-Value Niche Market Transformation Project • PR Newswire (US) • 05/29/2024 12:30:00 PM
- GV Has Successfully Transformed into A High-Innovation and High-Growth Company • PR Newswire (US) • 05/28/2024 12:30:00 PM
- GV Innovative High-Value Business Model and Diversified Development Strategy • PR Newswire (US) • 05/24/2024 12:35:00 PM
- Visionary Holdings Inc. Announces Share Consolidation of Ordinary Shares • PR Newswire (US) • 05/24/2024 12:30:00 PM
- Rapid Development of AI with A Vast Market: Visionary Holdings Inc. Provides STEM-AI Education Solutions for Young People • PR Newswire (US) • 05/23/2024 12:30:00 PM
- GV Announces Cooperation with CICC • PR Newswire (US) • 05/22/2024 12:30:00 PM
- GV Digital Technology Building • PR Newswire (US) • 05/20/2024 12:00:00 PM
- GV Announces Cooperation with Top 500 Company in China • PR Newswire (US) • 05/17/2024 12:30:00 PM
- Visionary Has World-Class Biochip Technology Products • PR Newswire (US) • 05/16/2024 12:30:00 PM
- GV Announces the New CFO • PR Newswire (US) • 05/16/2024 12:00:00 PM
- Celebration of GV's Second Anniversary Listing-GV Anticipates a New Journey • PR Newswire (US) • 05/15/2024 09:00:00 PM
- Celebration of GV's Second Anniversary Listing-GV Anticipates a New Journey • PR Newswire (US) • 05/14/2024 12:30:00 PM
- Visionary transitions from education to innovative technology, life sciences, and AI education • PR Newswire (US) • 05/08/2024 08:30:00 PM
- Visionary Holdings Inc. Announcement of Management Change • PR Newswire (US) • 04/23/2024 11:00:00 PM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM