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Phaedrus77

08/15/18 11:20 PM

#568 RE: MrT11 #567

It seems like there’s been a big buyer for the last month or so....ever since it jumped from ~40 cents. Makes me wonder if a newsletter or something mentioned GLGI.

I’m not expecting Q4 earnings to be that good. IIRC, a new machine was being installed in May or June, so I am kind of expecting margins to suck again. I haven’t gone back through my notes, but I remember thinking that we wouldn’t get a “clean” quarter (ie. one where margins weren’t negatively impacted by installation/training/ramping costs) until Q1 or Q2. I could be completely wrong though...and sales should be strong regardless.

I don’t expect debt to drop this year. I think all the growth capex (3 machines (?) plus all the other stuff mentioned in the last release) could actually cause it to increase. I’m hoping they’ll announce a refi though...maybe term some of it out so they can get off the treadmill, so to speak.

I’d love to see a rights offering to paydown some debt, but I don’t expect that to happen.