Re: Loan Extension and Increased Credit
in response to
by
posted on
Jul 17, 2021 12:03PM
(Edit this message through the "fast facts" section)
whysosoon. Very much in line with my strategy also. We've both been here long enough to know how to trade it.
As far as e-bus, the original guidance of $28mil for 2021 did not factor in rev from e-bus. I think management said they don't expect much until 2022 but once it gets rolling, just as you suggested, it would outperform the forklift rev line and be of higher margins.
One would also expect the Raymond revs to outperform last year. No reason it shouldn't especially with much bigger exposure and sales force. If that doesn't happen, ... then what did happened to cause a reduction. The "traction" ain't tracking very well.