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Seems like more of the same. Great

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Phaedrus77   Monday, 10/15/18 11:56:57 AM
Re: MrT11 post# 590
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Seems like more of the same. Great sales growth, pathetic income growth, and more debt/capex.

I imagine Q2 will also be depressed due to the new equipment being installed.

I’d say the jury is still out on what normalized margins will be. Going from 18% margins to 13% margins when sales were up 80% isn’t a good sign though.

I don’t understand their refusal to raise equity. They had a terrible balance sheet 2 years ago, and now they’re trying to finance a major expansion/upgrade with all debt.

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