ABV 1.11% 8.9¢ advanced braking technology ltd

Trading, page-4

  1. 1,785 Posts.
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    Disagree Daz.


    For the previous quarter they generated $1.61m in sales on $0.91m in manufacturing costs.


    They forecast $2.078m sales on $1.4m in manufacturing costs in next 3 months.


    I'd suggest that the $2.078m is revenue that's already locked in, but they expect (given the increase from $0.91m to $1.4m in manufacturing costs) to get sales of almost $2.5m.


    That's line-ball on the break-even with real momentum in the revenue column.


    Could explain why some pretty solid chunks of shares have recently been snapped up, why the recent CR was supported so well by insiders and why one person wanted 25m shares yesterday. 

 
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