Replies to post #281497 on Avid Bioservices Inc (CDMO)

[corporalagarn]

Nomodo, you left off the best part of his post that you are referring to.

"It will go to to the usual 0.43 than 0.52-0.55 AH with a 15million+ volume AND... Tuesday morning a big unexpected surprise.

Just look at the chart and numbers late 1999-early 2000.

If history repeats will see 20.00$ in the next 4 months."

Right on the mark?

[cheynew]

I would have liked to see them raise the annual rev estimates in view of the quarterly revenues were up a little. Not changing it gives the impression than revs will be down the next 2 quarters. Annualizing the revenues to date would put it at $58 mil. Surely Myford will have accelerating revenues for the next 2 quarters that would push that number higher.

[EndoTarget]

My expectation:

Revenues being in the 21-23 millions with a 8 millions profit will explain the reaction. (11 milion shares and +23%)


Real numbers:

FY17Q2 10-31-16 23,370,000 15,441,000 7,929,000 34%

Now why the drop???