Reply to indinvestor on Yahoo!
<<Short KVHI? You've got to be kidding! The maximum potential on a short of this stock is only a few bucks, but more realistically, a few cents here and there. >>
Indi, I'm willing to bet Commandor58 went short here today at $6.00 or near.
I watched the action today like usual. Did you notice the Ask never dropped from $6.30?
He is short and trapped here, with the Ask 30 cents higher! No wonder he appeared here to bash!
$6 is near the bottom for this cycle. Q3 is going to be a quarter to be remembered.
It is an oddity that Fleetwood's Fiscal Year begins at the end of April. Their latest earnings include the month of July, and we know they had a strong sales quarter, with positive comments about the RV sector and Class "A" motor homes in general. Fleetwood is averaging over 630 Class "A" motor homes per month, almost 1,900 per quarter.
Each customer purchasing a KVH antenna gives KVH about $1,800 - $2,000 in new sales. If just 50% bought antennas, that represents about $1,800,000 IN NEW REVENUE that they didn't have in the past. That doesn't count Featherlite or Rexhall, who could add an extra few hundred thousand to the top line. Figure perhaps an extra $2,000,000 between the three new OEMs, and a rebound in sensor sales (as was mentioned in the CC), and the acceleration of the Ground Prophet order (which was anticipated), and you can see an excellent quarter shaping up.
Then add in the new CFO's statements in the last CC::
<<My immediate priorities are squarely focused on our financial performance. We WILL adjust our cost structure to yield profits in the near term, and sustain profitable growth in the longer term. We will also improve asset utilization to strengthen cash flow, and provide for additional tactical and strategic investment flexibility. And I intend to provide the finance management, leadership and support, that will drive the company to achieve best in class performance over the longer term. >> |
