The president of the company was not that positive
His main point was it a long time thing and as for guidance he gave 30% om average
With the money they are spending on new market that not profit soon
Also said his new like new engines will be discounted compared to cost
Soon as samll volume they will be profitable on them
So they do not lead to profit in them to june my guess
So we have some bad numbers for a while
Let's pretend for a moment than NG as a long haul transport fuel is able to gain traction (that's a big if but just for the sake of argument). Here (off the top of my head is a list of recip OEM's that already have NG engines on the market: GE, Wartsila, Rolls-Royce, Cummins, MTU, Caterpilliar, Daihatsu. Granted I work in this industry so I may know a tad more about the recip OEMs than say a financial analyst but anyone with the ability to Google can figure out the same. My point being that IF NG does become accepted as a tranpsort fuel there will most likely be some pretty good competition to supply recip engines to the industry.
As long as "oil" is king, it will control the media. Our president needs to push this hard to overcome the "king". And also this is a much cleaner fuel, our engines will last longer, so the auto-makers will have to be pushed to climb on also. Government Motors, or GM should be all over this thing.
As of right now ,wprt new engines have more trouble
Thats why they release small amount and find out problems
So far they have not said to my knowledge that their is a major difference in engines that have been out a long time
Thats why wprt will not make a lot of new engines till problems are fixed
NG engines do have problems and some components must be made better and some new components are just bad
Thats why there will not be a lot of new engine till second half next year