Hmmm... So it looks like they are having troubl
Post# of 11
(Total Views: 180)
Posted On: 03/24/2017 1:00:23 PM
Hmmm...
So it looks like they are having trouble getting credit for 2017.
HOWEVER
The numbers for the latest quarter were way better in terms of debt - credit. It looks like their cost per unit is going way down as their manufacturing process has settled...
Just did a cursory scan of the reports but this actually does look good if they can keep costs down and get their credit rolling for the new website and backend.
Seems strange their sales team is only 3 people but I guess you don't need that much if you are just doing commercial farm work initially.
It is sad to see they had to drop automotive tire research for the near future but I can see how the agriculture and manufacturing markets will require less competition than going against Goodyear initially.
I have to say I've never seen a stock with 0 volume on a day... but if these numbers keep the uptrend I don't see a problemw ith this company.
Also I liked their comments about being able to say Made in the USA on their product whereas a lot of other companies use overseas tires. So if Trump's tax deal goes through this could be a huge boost on their margin.
How the heck did you find this man?
So it looks like they are having trouble getting credit for 2017.
HOWEVER
The numbers for the latest quarter were way better in terms of debt - credit. It looks like their cost per unit is going way down as their manufacturing process has settled...
Just did a cursory scan of the reports but this actually does look good if they can keep costs down and get their credit rolling for the new website and backend.
Seems strange their sales team is only 3 people but I guess you don't need that much if you are just doing commercial farm work initially.
It is sad to see they had to drop automotive tire research for the near future but I can see how the agriculture and manufacturing markets will require less competition than going against Goodyear initially.
I have to say I've never seen a stock with 0 volume on a day... but if these numbers keep the uptrend I don't see a problemw ith this company.
Also I liked their comments about being able to say Made in the USA on their product whereas a lot of other companies use overseas tires. So if Trump's tax deal goes through this could be a huge boost on their margin.
How the heck did you find this man?
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