I was scratching my head at the new report
He DOWNGRADED earnings projections by 13% in 2019 & 3% in 2020...
(Dot point 3 on the front page of his report)
He downgraded the earnings projections due to capacity constraints in production...
How does this make any sense?? Sales are at record highs, yet they are going to produce less?
This was the point that led me to sell on open.
It makes no sense. In the old report, with less sales, they were producing more product? Now with more sales, they are producing less...?
New newing report is out, page-25
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