Exide Technologies fka EXTC

[big-yank]

How did you exclude revenues from Reading and Frisco since the company does not report metrics on that basis?

The "hidden" revenue increase was solely derived from lead escalation contracts which the company maintains with all its OEM customers and most of its Euro clientele, IMO. There is no organic revenue growth that I see.

The biggest plus you overlook is the Euro/$ exchange rate which has strengthened from $1.29 to $1.38. About 58% of the revenue stream is from the Eurozone. This will help the next Q if the trend continues.

I seriously doubt that the judge will do any positive equity valuation based on enterprise value which is below $1B and below the debt owed. This is the same judge that oversaw their previous BK. I believe that the business plan segment of the P-o-R will play the crucial role in this reorganization, not just the mathematics.

Your posts are appreciated.