RE: Hmmmm5 Jul 2018 18:43
Tesco? Really? I think shareholders got a little bit of a surprise, regardless of decades of profits.
Zero is also a number, especially valid as a base level. You cannot get any figure based on zero, as you attest. You cannot get a billion dollars revenue next year. Conversely, you could get zero income. What the non-perverse, non-pedantic, non-barrack room lawyer demographic of this bb is interested in is what is likely to happen, based on the availability of finance, raw material, high quality plant, experienced personnel, product price, customer contracts.
Based on all of that, the CEO has given projections of $20m ebitda for 2019. I think that is an underestimate, but you say it is baseless.
Really. Stop being jaf. You have taken a ludicrous position. You probably, on some level, know that you are being silly. Some time next year, you will be saying, ok, now wres has income and profits, but that was never a given. It could all have been a disaster. I was right all along. I suppose, in your mind, you are right.