Its so frustrating to see claims that next quarter will be better, even though that is all we can hope for. Who knows we might just get another late payment 25k quarter instead. Ive never seen a company go to such lengths to ensure there is absolutely no way to forecast or calculate income or production rates. I wonder if this is a result of the way the pg magnetic arrays are being produced?
Am i right in thinking the magnetic array parts are actually manufactured by a third party completely seperate from obj and sent to P and G directly. This means obj has no control over or knowledge of exactly what numbers of what parts are being manufactured or supplied, and no idea of what has been ordered for future manufacture. The only info they get is when pg choose to make a payment, and the payment reflects what pg say has been produced and supplied to them. Obj has no way to know other than what pg chooses to inform them of?? That is certainly how it seems, although they may have full access to all production forecasts and current production rates but just choose to not share.
I reaally cant understand why at this point in the cycle they cannot or are not alliwed to state
We make ?$ or % on magnamask per unit and ? On sk11 unit etc.
This quarter we produced x amount of each. Current forecast for next quarter is x amount of each. How is that so highly confidential for a publically listed company where shareholders are funding the process.
(20min delay)