Are you saying Q2 2024 receipts from customers will be lower...

First 54 Last

Share
Profile

Follow
Rorbag

1,536 Posts.

301

29/06/24

10:43

Post #: 74530269
Share

Originally posted by TLVCalling: ↑

I think "Big News Coming" and then nothing in the immediate days..... is at best a very naive statement by the company.

To your earlier comment about quarterly: I posted around Q1 numbers something to the tune of "Q2 will be below Q4 23 and Q1". Nothing I have read since convinces me otherwise. No ORDERS announced. In Q4 we had the Israelis buying huge numbers of systems. When they announced Q4 there were (of the top of my head) 300/50k of receivables. That protected Q1 and makes Q2 difficult. It has to be lower. Think about it, sadly Q4 and Q1 were breakouts because of the war Israel are involved in.

I doubt LMT signs a contract with a supplier because there is a revenue opportunity of a few hundred of thousands USD. It takes time to become part of the process and I doubt the UK order mentioned here many times was ever in ELS' grasp, realistically that production run would have been fully planned and partially executed. If any of you work for a small company trying to do business with a big beast you see it daily. [Otherwise just believe me] All these things you are dreaming of have a very good chance to unfold. In time. Our private clients, possibly with the exception of Droneup, but who has heard about orders from them lately, are tiny. We need public (military and police) orders till the private guys grow.

CR - no chance with the convertible notes outstanding. Thereafter they would need a very convincing plan to justify asking for more shareholder cash.

Lastly, literally forget "charts" in a stock like this. There is only actual news that matters. If and when there is news, the stock moves. With a lack of news, it drifts. When this becomes a small NVDA I am willing to listen to "gaps" and "chart formations" - till then ELS either sells or doesn't sell more systems.

Expand

Are you saying Q2 2024 receipts from customers will be lower than Q1 2024 and Q42023? If so I don't think that will be the case. I'm expecting the first cash positive quarterly for the company and an increase in quarterly receipts.

ELS Price at posting: 45.5¢ Sentiment: Hold Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

PAM

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

RAD

Radiopharm extends radioimmunotherapy trial to 5 more cancer types

SGP

Things finally 'looking different' for up-and-down Hot Stock tip Stockland

3DA

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

There are more pages in this discussion • 36 more messages in this thread...

First 54 Last

Add ELS (ASX) to my watchlist

(20min delay)
Last 42.0¢		Change 0.018(4.35%)		Mkt cap ! $63.68M

Open	High	Low	Value	Volume
38.5¢	42.0¢	38.5¢	$9.685K	23.55K

Buyers (Bids)

No.	Vol.	Price($)
4	57097	38.0¢

Sellers (Offers)

Price($)	Vol.	No.
42.0¢	25594	1

View Market Depth

No.	Vol.	Price($)
4	57097	0.380
1	5405	0.370
2	85500	0.360
1	1430	0.350
1	1600	0.330

Price($)	Vol.	No.
0.420	25594	1
0.430	11904	1
0.445	2500	1
0.450	10000	1
0.460	10416	1

Last trade - 16.10pm 19/11/2024 (20 minute delay)

ELS (ASX) Chart

Are you saying Q2 2024 receipts from customers will be lower...

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

Radiopharm extends radioimmunotherapy trial to 5 more cancer types

Things finally 'looking different' for up-and-down Hot Stock tip Stockland

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Are you saying Q2 2024 receipts from customers will be lower...

Top Stories

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

Radiopharm extends radioimmunotherapy trial to 5 more cancer types

Things finally 'looking different' for up-and-down Hot Stock tip Stockland

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News