SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Radica Games (RADA)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Gurupup who wrote (3260)3/4/1998 2:16:00 PM
From: mod  Read Replies (2) of 7111
 
<<As we go into qtrs 3-4, we will continue to see sale and eps gains of the magnitude of the first quarter>>

I could not disagree more with this statement. :-) No way. Simply not possible. Q1 eps were up 242%. That is not going to happen in Q4, RADAF will not earn $2.70 in Q4 alone.

They would have to more then triple sales over last years near-capacity Q4 while expanding facilities only 100%. How are they going to do that? Earnings will still show a terrific increase, but the year over year comparisons will start slowing down this year, especially in Q3 and Q4.

Radica is saying they will not even utilize all their expanded capacity this year. From the conference call: "will have plenty of capacity", "5,200 max workers", "more then we need this year", "will not double the output".

Dennis
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext