Not likely. The Truck mkt is not converting en masse. There is no supporting infrastructure in N.America. This means trucks with destination refills only can operate.
It will be impossible to reach cash flow +ve until the refill problems are solved (Lots of money reqd) . Trend may be flat till then.
5 ears ago, I heard our Prezident say fewture is in Edukation; so I bought CECO . Now fly iunable to read, because all my savings gone.!
Veri kruel ear for por man like me.!
Mgmt nice people. As a shareholder ,you should get an invite to their Xmas party; real Texan style with plenty of food and drink. and a small New years gift like a Ipad or cell phone.
You cant be cruel to such wonderful people.
The model did not anticipate Insurance costs and so the best we can hope for is for a big Pharma to buy off the patent.
Unfortunately, they don't want anything else. So they wont offer more than $1/share for the patent.
Approval is meaningless. No market since Insurers want higher rates for the risk & rightly so. Question is who is to bear it.? Hospitals say supplier. Suppliers say Hospitals.
Tax loss selling by the public.
Fly motto was buy low sell high. They did that thanks to the nod and wink during their prayer meets.! That's how they are millionaires today.!
They are unlikely to get cash flow +ve by 2014 ; earliest may be 2015. The biggest mkt is in China but the margins are slim ; why I don't know.!
I think a BUY out by Caterpillar may be the better route to go but CAT is a very frugal spender.
Having got suckered by Wall St. , owners are now switching to the Management shuffle hoping this will confuse Investors.
It wont . They overpaid and need to take a write down of the excess paid.
Pvt Hedge Funds put out a fortnightly letter to their wealthy clients. Till now they have not shown a cover recommendation.
TA points to $15 as a first support..