InvestorsHub Logo

magicjs

11/08/19 1:42 PM

#7357 RE: New World #7356

Why should you get credit for buying revenue? When purchased their pr said should add 20mm in revenue in 2019. 3 quarters in they are at 17mm. 2018 pre-acquisition they did 13mm or so. It's added 8mm or so in 3 quarters. Sure they've had a hiccup with integrating and a bad contract, but that's on them. They should get zero credit for Golden Mills to date. Long term I think it works, short term not good.