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Non-Tech : JER Envirotech (JER.V) - Wood Plastic Composites -- Ignore unavailable to you. Want to Upgrade?

To: Bogeytitan who wrote (63)	11/4/2008 1:25:03 AM
From: marcos	Respond to of 72

Probably held by a lot of resources players who have been getting slaughtered by their first love, either don't have nickels left to put a bid under this thing, or are reluctant to commit nickels they do have right now ... just a guess, based on personal experience, lol Anything even slightly smelling of speculative risk is going to be suspected in this environment ... got to prove themselves, start pulling in positive cash flow, or else

To: Bogeytitan who wrote (63)	11/12/2008 5:10:16 PM
From: marcos	Respond to of 72

FY08 out, not posted to sedar yet ... good 4Q revenues, more than in all FY07, they say 'achieved positive gross margins' so must have managed to keep cost of sales below revenue? ... one would hope ... release doesn't show state of working capital [why not!], but tomorrow the full md&a should be on sedar ca.us.biz.yahoo.com Of course, what we'd like to know is what's happened in the meantime, how affected are they by general events ... in a specialty niche like this, you never know, could go either way ... somebody should do a site visit, see if there are trucks coming in and out, how full is their parking lot, etc