TPAC's "Business Plan" put out in June 2015 has va
Post# of 22940
Posted On: 05/02/2016 11:53:34 PM
TPAC's "Business Plan" put out in June 2015 has various numbers and projections, including the following information (page 5) which I believe speaks to profit margins :
From the start, the Company will be able to:
• Deliver orders in as short a time as four weeks (versus 32-52)
• Help Boeing, Airbus and Embraer meet offset obligations to China ($17 billion due and payable)
• Sole source to China-based airlines and MROs at price points a minimum of 24% less than what they’re paying now
• Do all of the above while maintaining margins of 70%
This plan gives us a nice idea (page 9) of what might be expected once TPAC is actually selling products. I don't see a need to deviate from this plan in terms of how much might be sold (might even be conservative if a $50M loan or funds from service agreements being considered now... not mentioned in the 2015 plan... should be attained which would help ramp up facilities and production):
http://tpacbearings.com/sites/default/files/t...n-2015.pdf
From the start, the Company will be able to:
• Deliver orders in as short a time as four weeks (versus 32-52)
• Help Boeing, Airbus and Embraer meet offset obligations to China ($17 billion due and payable)
• Sole source to China-based airlines and MROs at price points a minimum of 24% less than what they’re paying now
• Do all of the above while maintaining margins of 70%
This plan gives us a nice idea (page 9) of what might be expected once TPAC is actually selling products. I don't see a need to deviate from this plan in terms of how much might be sold (might even be conservative if a $50M loan or funds from service agreements being considered now... not mentioned in the 2015 plan... should be attained which would help ramp up facilities and production):
http://tpacbearings.com/sites/default/files/t...n-2015.pdf
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