Replies to post #271120 on Avid Bioservices Inc (CDMO)

[cheynew]

I think the following quote is also important:

"In addition, most of our competitors may have substantially greater financial, marketing, technical or other resources than we do. Moreover, additional competition may emerge and may, among other things, result in a decrease in the fees paid for our services, which would affect our results of operations "

[NoMoDo]

Good speculation. PPHM has contract backlogs for more revenue than they were able to produce this year. Still, you never know what COULD happen...

California could fall into the ocean too. They have been talking about it for decades. I think I will spend this week researching all California companies and start shorting them.

[hopefilled2014]

This has to be FREAKING insider information. Where do you get it?

OR, OR, OR, they could lose just ONE, ONE, ONE key customer, a highly speculative, high risk start-up in and of themselves, and they'd be close to ZERO revenues and no backlog and have a facility sitting empty with a bloated staff sucking down cash, looking to mop the floors one more time or send an email to someone.

I cannot LOL LOL this at all. Well done!

[TampaTradr]

The Balance Sheet disagrees with your "guess" of lil ole PPHM's assets.......



33,912,000
Less accumulated depreciation (9,610,000)

Property and equipment, net 24,302,000

[itsabouttime]

Hornet Keep us in focus so none of us goes hog wild and buys up thousand of shares with out examining these PR'S more thoroughly.

[BCS Paladin]

Nice business model huh?

During fiscal years 2016, 2015 and 2014, Avid’s total revenue generated from third-party customers amounted to $44,357,000, $26,744,000, and $22,294,000, respectively, of which 69%, 79% and 91%, respectively, was derived from Halozyme Therapeutics, Inc. [color=red][/color]