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22:11
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Originally posted by FBRocks:
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Welcome Bowman8er. I'm now so confident in FBR that I will mark your first posting in 11 years by finally revealing how many FBR shares I hold. More than 4 now. Was going to stop at 4 as it's a nice round number and makes the maths easy, but when this build started I backed the truck up again. This thing is going to go critical at some point and maybe take a lot of people by surprise. I'm in early. I suspect that when news of this build breaks there will be a temporary slight rise in share price. Then people who have been waiting for that will jump ship and it will fall again. I'm probably influenced by LRS, which falls not long after every positive announcement, even the last super duper one. Folks want to see companies making money. What's this childcare centre going to bring in? 50 grand? That would be a nice start, but the build is a valuable learning experience. There are so many things about to happen it's crazy. Soon there will be announcements about the completion of this build, the start of new builds including the WB one (that was meant to happen in Europe pre travel restrictions), the 109+ upgrade completion, beginning of physical assembly of the 110, pilot program progress... exciting times.
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50k for one 3 week build, with one truck. That's 600k pa revenue assuming no down time and constantly pumping out builds. IIRC there's a cash burn of around about 10m pa. So that means about 20 trucks to be building with limited down-time and travel time to break even.
