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Re: researcher59 post# 66197

Thursday, 11/14/2019 12:31:10 PM

Thursday, November 14, 2019 12:31:10 PM

Post# of 116656
Thanks for the clarification. But wouldn't you agree that IMO 2020 is the reason for the surge in PGTK's numbers last quarter?

Looks like PGTK had $213,000,000 in orders to ship and they've only done $67.5M of that in the first half. So should have at least a couple more big quarters. Won't last though imo, so tough to value.

From the 10Q:

The first of the Company’s technologies to gain significant traction has been ENVI-MarineTM. During the year ended March 31, 2019, the Company secured an order book for its ENVI-MarineTM technology of approximately $180,000,000. During the six months ended 30 September, 2019, the Company has added approximately $33,000,000 in additional sale agreements to be delivered in future periods.
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