Because you do not matter and despite 8 million posts on an anonymous board you do not have a say in how information is released.
The good news is that if they are able to sell the ports instead of going back to giving them away the company is currently in their first cash flow positive year, fiscal 2016.
I was concerned that all of them were not installed for a full quarter when trying to come up with the average revenue produced by each port.Not really worried that they will not be installed within a quarter or so of shipping.
Keep trying to scream the sky is falling, while it appears the company is still growing at a healthy clip.
As I said before , if they sold the ports instead of giving them away it looks as though this year, fiscal 2016 is where the company will see cash flow positive.
only 14,000 net new connections last quarter, 31,000 net new connections in the fourth quarter.
Every time you have an issue with the company you pick one thing and hammer at it like it is the end of the world.
Go back and look , whether it is Pepi's or Pepsi it is always the end of the world and about to blow up. Eventually people stop listening when you keep calling for the end of the world Chicken little.
Funny thing is since you are acting like such a spaz if you ever get it right about the numbers turning negative no one will be listening anymore.
Well I was using the percentages from our math and the added dollar per port from Doodie Heads numbers.The math is based on your assumptions not mine. If you have a problem with the results look in the mirror.
Keep ignoring your reading comprehension problems along the way! LOL
According to fat Mikey"s own math (very suspect I know) a port loses between .74 and 2.44 a month and the monthly 10 charge was already removed fully from the lower amount.
So then take his cost of goods at round 40% and transaction cost of 5% leaves 55% or 3.3o, which would change Mikey's numbers from a -.74 to -.2.44 loss to a .86 to a 2.86 profit.
Now unlike Mikey I am not entering these numbers to make any claim of profitability where as Mikey was screaming for the end of the world, but simply using it to illustrate how small a change is need to reach profitability on a port. As long as the transaction counts and dollars per ports continue to rise I will look at it as an indication that usage is improving on the network.
The item that would point to Mikey being right would be a drop in the number of ports. It will not be very hard to spot.
You seem to be unwilling to take an honest look at what will happen to the numbers if all the company is able to do fro the next three quarters is sell the same amount of ports without having to give them away. Do the numbers in that situation worry you a little?
Only a tool that cannot understand the basics of a simple press release would try and redirect.
You seem to forget that you are the buffoon that could not handle the simple math on the bottom 66% and had to be lead by your childish little hand to the results.
You seemed unwilling to believe , like a child throwing a tantrum, that it was not possible to get a more accurate number on the bottom 68%.
There was no way to tell the number of days in service the new ports had in the quarter as no one knows at what point in the quarter the newest ports were activated.It should be relatively easy to understand that it is very unlikely that all of the ports were turned on at the start of the first day of the quarter so therefore the average revenue per active port would most likely be higher than the number arrived at assuming that all of the ports that were sold by the end of the quarter had been installed for the full quarter.
I know math makes your head hurt, but as I have said in the past if you cannot handle simple logic or simple math maybe you should stick with index funds.
The fact that you could not even understand what was written, proclaiming over and over that they were trying to make it seem as though the industry had top line growth of 37%, when it was obvious to anyone with basic comprehension skills that they were talking about the usage per port going from 32% of transactions to 37% of transactions clearly illustrates that you were having trouble understanding the press release at all!
Why would anyone listen to your ramblings about the press release when it was obvious from your repeated posts about industry growth of 37% that you were not capable of comprehending what you were reading.
It was also very obvious that you did not have a grip on the basic math based on my first correction of your numbers and your lack of understanding of my laer post about the numbers showed that you did not have a grip of slightly more difficult math.
Why should anyone listen to a poster showing such incompetence in regards to basic math and reading comprehension even if you are the king of the spellers who is willing to try and drown out other posters with the sheer volume of their posts?
Is that the fourth or fifth time you have tried to post that correction?
I am glad that it ticks you off, after all you would not stop posting your stupid question about 37% growth in the industry based on your inability to understand the written word.
Are you really trying to say you still do not understand what they were saying?
The growth was in the percentage of transactions per port that were non cash, not a total sales increase number.
Do you really have that big a problem with reading comprehension?
Oh wait, you and the board secretary can spell, comprehending what is written is overrated!!!!!!!! ROFLMAO
After seeing him post the same drivel over and over I asked Fat Mickey to re read the companies press release that he has posted on hundreds and hundreds of times and reconsider his foolish question.
Everyone knows the foolish question
"Did the company falsely try to create the impression cashless vending "industry" is growing 37%"
I tied to make it simple for him by asking what company would put out a press release stating that the industry sales grew 37% while their sales only grew 28%?
This did not seem to register with him. Now it is on to the english lesson. Maybe Doodie head can help,although this is one step further than using the the right version of their, it is reading comprehension lesson, so he might not be able to help.
"Cashless Payments Grow to 37%"
The give away in the line is the word to. If the statement were claiming that cashless payments grew 37% it would not be in the statement. The to lets you know that the payments grew from some other percentage to
37%. The numbers are explained in the next paragraph of the press release. It explains that cashless transactions as a percentage of total transactions per port grew from 32% of transaction to 37% of total transactions for an in crease percentage wise in the single digits.Since the percentage growth was high single dig
its it then made sense to point out USAT's 28% growth.
The statement never claimed that there was a 37% growth in sales.
Did you finally find out you were reading the report wrong!!!!!!!!!!!!!! ROFLMAO
You only posted about 1000 times demanding the company explain!
What on earth would make you think that they have to sell as many as they were giving away?
They do not even need to sell as many as last quarter. Anywhere in the vicinity and they get a large sales increase, large increase in gross margin, accompanied by a large profit for the quarter and of course better cash flow numbers as the financed accounts rec due in the quarter will rise a few hundred thousand.
Go back and re-read the post for the 1000 time you idjut. The company never said that the industry grew at 37%.
If they had, they would have been saying that their sales growth was slower than the industry growth when they said that their growth was only 28%.
If you cannot figure out what they were saying with the 37% and I will explain it for you.
How many times are you going to continue to repeat the same stupid question?
I understand that you are freaking out because if the company is able to continue to sell the ports and does not have to go back to giving them away we are almost 1 month into fiscal 2016 a cash flow positive year. Not down the road, not a few years out, now.
The only hope that you have is that they cannot sell ports or thet start losing ports. Have fun screaming about the sky falling AHHHHHHHH!!!!!!! HAHAHAHAHA
Fat Mikey too stoopid for his own good.
Math always trips him up, the claim was 2/3 of the total units revenue was below the average of the bottom 2/3 of the units. not mathematically possible, but according to you and doodie head you believe posting enough on the board will somehow alter the rules of reality.
Thank you for agreeing with me about how stoopid the other post was as the claim was that posts on this magical board directly affects the operations of the company.
I am guessing that there is no proof whatsoever that the people in Malvern have reacted at all to the board in the last few years. As the stock has risen over 400% and the numbers continue to improve the whiners on the board become less and less important to everyone.
How unique, trying to use sarcasm when caught either lying or being factually incorrect.
Bye the way which is it, too dishonest or too stoooopid?
Yet you have no problem with effed????
As my self appointed secretary and believer in the power of these boards on a companies actual operations,I can see how this is much more impartant to you than the companies results in the real world. ROFLMAO
The board secretary scolding posters again. Bad grammar Bad poster. HAHAHAHA.
Didn't you hear the two village idjuts seem to think the posts on this board effect company operations directly.That appears to be why they continue to sling bs non stop.
I get it now!!!!
You believe that if you post the same stooopid thing over and over it will have have an effed on the companies operations!!!!!!!!!!!! BWAHAHAHAHA
Oh and by the way your statement is so factually incorrect as to be laughable.
Let us see, 33% of the machines report totals much higher than 213.88. The 213.88 is the mid point on the bottom 66%. So depending on how far apart the maen and the median are, between 60% and 70% of the total ports probably report above your favorite number.