I am finding the little engine that could to be a bit of a pain atm.
Not seriously - but, things that I haven't factored in are coming out of the woodwork - not used to that
the 4C confused me a bit - I had ????????? I think it was 649K or 6??K something factored in as a bare minimum for cash receipts for the quarter ------------- hmmm, so we ended up with 555K
As I predicted - the figures told us nothing beyond that we had 555k and we wern't going to go broke in a hurry ------------ but, why? Why were we short?
Well - there is no way I would have predicted that our customers would slow up in the contract because our stuff is so good that they want to use it differently for their whole range - henceforth giving us a short term lull in revenue !
Who would write a script like that?
Amazing - and, they aren't the only one's.
Now we have polymer's looking like coming from the back of the pack and are going to get in front and lap the field.
It's a long race - I find it increasingly difficult during these early times to keep up with the financials.
In a couple of years when the revenue is in tens of millions a month - of course, it won't matter to have little things like this happen -- but, when you only have a few hundred thou a month coming in and mainly from one client - then it can knock your quarter figures around something shocking.
distorts my charts - don't like it
have a great day frank
Pinto
AJX Price at posting:
77.0¢ Sentiment: Buy Disclosure: Held
