Posted On: 10/20/2013 10:38:37 AM
Post# of 43065
Re: techisbest #5719
Tech, I don't follow your logic here. JBI is getting lots of free feedstock from Crayola and others. Are you saying Crayola will someday suddenly start charging JBI for it? Why didn't Crayola send their feedstock to the likes of Covanta or sell it? How soon do you think these types of industrial waste will have a "market?"
("I never believed the 'we will get it for free because we will be saving the companies landfill costs'. Maybe at first, but not for long, especially as more and more companies compete for the same waste stream.")
Regarding your second statement (below), whether JBI's future numbers are "wild-eyed" or not cannot yet be determined until we've seen at least 1-2 quarters of P3 running as intended. So perhaps your statement reflects frustration with the speed, execution and current SP of JBI more than a statement about the company's prospects?
("That does not mean that the business model can't be made for profitability. Just not the wild-eyed profits hyped in the beginning by management and SMB posters. And spreadsheets. But don't blame the spreadsheet. Blame the numbers that went into it.")
I agree with your last statement below, but I ask you: which competing P2F company do you think currently has the edge?
More importantly, Do you think Heddle was kidding when he said JBI is considering "selling processors?" Do you think he said it as a pump? Just for fun? I don't. When I look at the job openings at Heddle Marine for fabricators, I can imagine that once P3 shows "viability" there just might be a change of business model. Perhaps Heddle is even thinking ahead?
("Can JBI be first to market with a viable system? That will be important for winning this race.")
("I never believed the 'we will get it for free because we will be saving the companies landfill costs'. Maybe at first, but not for long, especially as more and more companies compete for the same waste stream.")
Regarding your second statement (below), whether JBI's future numbers are "wild-eyed" or not cannot yet be determined until we've seen at least 1-2 quarters of P3 running as intended. So perhaps your statement reflects frustration with the speed, execution and current SP of JBI more than a statement about the company's prospects?
("That does not mean that the business model can't be made for profitability. Just not the wild-eyed profits hyped in the beginning by management and SMB posters. And spreadsheets. But don't blame the spreadsheet. Blame the numbers that went into it.")
I agree with your last statement below, but I ask you: which competing P2F company do you think currently has the edge?
More importantly, Do you think Heddle was kidding when he said JBI is considering "selling processors?" Do you think he said it as a pump? Just for fun? I don't. When I look at the job openings at Heddle Marine for fabricators, I can imagine that once P3 shows "viability" there just might be a change of business model. Perhaps Heddle is even thinking ahead?
("Can JBI be first to market with a viable system? That will be important for winning this race.")
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