Replies to post #640 on Polar Power Inc (POLA)

[ebase22]

Another small sell at the bid just moments before close.

I hope this is someone manipulating in order to accumulate and not manipulate in order to benefit a short position.

[southacresdave]

ebase...I bet expenses go up a bit from here in 2019. Figure right now they are doing at most 500 generators/qtr (say $12.5K each x 500 + Africa misc income = low $8M range). Divide that by approx 63 business days per quarter (5 x 13 weeks - a couple of holidays) = approx 8 units/day. We want them build 2x that. Think of the bottle necks....

---they bought a CNC metal sheet bending machine for enclosures.
---they bought a CNC painting machine for enclosures.
---they bought more CNC milling machines for parts.
---they bought a CNC laser machine to cut parts.
---they have more space to stock pile material and partially finished products

What is the bottle neck then going forward?? TIG welders, Wire Assemblers, and Generator Assemblers. They can get the parts quicker and do them in-house, but they still need bodies to put it all together. This is probably why they run ads for these jobs continuously now. The more they hire, the more generators they can produce.

Each of these spots probably costs about $20-25/hour when you ad in workmen's comp, insurance, benefits or $10.4-13K/qtr each.