InvestorsHub Logo
icon url

GorillaGorilla

05/14/10 8:25 AM

#41105 RE: Traderfan #41093

CCGY - they are still ramping up the facility, 50% by end of Q2 and 100% by end of the year. So, I'm wondering if the margin can improve. Even if they didn't isn't they manged 3 cents this quarter so wouldn't 4 to 6 cents a quarter on the cards? For 85 cent stock?

rich
icon url

BiotechValues

05/14/10 8:29 AM

#41107 RE: Traderfan #41093

CCGY- "no increase in bottom line"?

CCGY reported .03/share (excluding non-cash charges related to warrant value) vs. a loss of .01 in Q1 of 2009.

I'd say that's an improvement in the bottom line.

Margins improved slightly also.

And these results don't reflect the plant at full capacity yet.

So I'm happy with .03/share which demonstrates both YOY and sequential growth.

With plant nearing full operations now, this growth should continue throughout the year.