Replies to post #106114 on Savvy Trades and Investments

[larrybaz]

UUU - Good point on the backlog. This from a prior 10-K:

Our backlog of orders as of March 31, 2020 was approximately $507,000. Our backlog as of March 31, 2019 was approximately $748,000

Still not sure how things are going to play out going forward.

[hweb2]

UUU doing better than I expected. The 60% decline in backlog can't be good. At least they'll have one last easy comp for the fiscal Q1 results. But with the drop in backlog, I'm guessing Q1 could be a step down from the great results of the last few quarters. With the stock near $3, I don't plan to hold into the Q1 report.

p.s. Still a little puzzled that there was no mention of the $300K tariff refund in the 10K. They said in the Q3 10Q, that it would hit in Q4 or Q1. Now no word? Hopefully that doesn't mean it was recognized in Q4. Can't imagine. As that would be a terrible Q4 bottom line excluding that.