They said they hire good people as fast as they can.
No point just throwing money at anyone applying - training is an intensive investment, we want people who will pay off.
We are already sponsoring a ton of meetings, lunches, etc, which is great. We could potentially spend a bit more on this sort of marketing, though we would want good return on investment and there will be a point where the cost/benefit becomes unattractive. Maybe we are there (would need to see numbers).
A large proportion of that is likely dog eared for the new facility - and consider that they forecast an annual production potential of $500m worth of product for this facility - in addition to our current facility that would bring us to $600m product per year. I wonder how long they expect us to take to reach those sales levels.
Again, don't forget a lot of the new staff numbers that have been added this year are likely only recently starting to sell, or will be contributing much more substantially to numbers in this coming year.
What growth rate would you be happy with? What growth rate would the market be happy with? What's a reasonable rate, and what do other companies in this field exhibit?
PNV Price at posting:
$1.48 Sentiment: Buy Disclosure: Held
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