TSTC's 4th qtr 2009 results, released 3/31/10, started the share price decline from $18.50 down to the 2010 low of $7.30. The sales were great, but, the eps was disapointing due to higher installation costs (wages). There was alot of labor unrest country wide during 2009, resulting in 20% - 50% wage increases.
I'm going to try to ask a question related to their 2010 installation labor costs during tomorrows cc. However, I've never been given the chance to ask a question during any companies cc in the past.
If any of you get the opportunity to ask questions tomorrow, please ask if installation costs for 2010 were what they expected them to be, as opposed to the unexpected increase in 2009.
Thanks, JB
