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Microcap & Penny Stocks : Stateside's Canadian Microcap Board

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ferd98bull
To: ferd98bull who wrote (429)5/14/2015 1:50:52 PM
From: ayeyou1 Recommendation  Read Replies (1) of 1728
 
MMMMM love them fresh from oven like that. Ate the whole 100K but still a little hungry after my phone call with LRL . :)) . News coming out next week re 1st quarter financials. Sales are very strong and Hampton connection starting to pay off big time. Bonus of that is the gross on the swamp pads is fantastic so overall GP expected to top 40% in next few months. Sales for 2015 expected to exceed $4 mil .
Terry Lashman and Gary Liu finalizing deal in Shanghai to supply a huge project with engineered wood beams . Apparently LRL now can build the worlds longest wood beams under a process they are or have patented. They are expecting additional sales to come from the Shanghai project and see this as an opportunity to break into whole new market.
Hampton seems to be the real deal for LRL and they say that some days there is a long convoy of trucks all loading up with products for the new Hampton deal.Hampton actually has engineers working with LRL to fine tune product needs. They tell me that Hampton does not want LRL to publicize too much on what business they are doing together and LRL has abided by that. When you land the largest private lumber company with over 1800 employees and 3.5 Billion board feet of lumber sales per year you try to be accommodating. LRL thinks they are very undervalued here and really believe they should be more in the 30 to 40 cent range. I tend to agree with them. If the next couple quarterlies back up past growth and LRL future projections they will be there by fall imho.
I cant wait to see how the Q1 financials turn out. I am looking for $1 mil to 1.2 mil in sales at about a 34% GP. Best two quarters historically are Q2 and Q3 . OK I have to go and put another bid in now....
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