next breakout, page-7

TO ALL
Thanks for all your posts they are very helpful in getting a good understanding of the developments of PHK.
I have been a holder for over 10 years and finally I am now making some profits but it has been a long wait.

I think you are spot on with the West Lake and this will be 1 of many coming in China. From my initial analysis from last weeks announcement we are looking at the following
2017 Sales were $ 4 M with a breakdown of $ 2.6 M - South America, $ 640 K in Europe and $ 400 K in US and Canada and the remainder Rest of World ( Australia and Asia )
Now going into this year we have a sales forecast of $ 18.5 Million but the Preliminary Final Report indicates
Europe has $ 1.5 M plus in solid pipe so that is a 230 % growth over last year.
US and Canada have $ 1.0 M in 2 applications so it will be showing 250% growth and there is a good chance of this further doubling.
The unknown for me is how much will continue to flow from Brazil / South America
Then we have China where the Exec Team need to meet their performance targets which is 18 Million over 18 months.
AS I see it we are very much on track to over perform ( finally ) however we need to start announcing some of these larger contract wins and get some further momentum into the SP.
your thoughts are welcome