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Spartan

04/27/17 2:45 PM

#114934 RE: rige #114931

Aren't the Joint Ventures going to manufacture products? LQMT may not need to purchase a lot of machinery if they outsource to partners.
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Steaua

04/27/17 3:16 PM

#114942 RE: rige #114931

Eontec has currently about $31m in cash as of recent Q and $28.4m in debt (usd converted from yuan). Their net margins are roughly 6% for trailing 12 months with sales closer to 100m ($93.6). They did generate some cash flow for Q1 $4.4m and $1.3m in FCF.