Whats up with this One?

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19Lyds
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Whats up with this One?

Post by 19Lyds » Thu Feb 08, 2018 3:54 am

https://www.cnbc.com/2018/02/07/the-ass ... rofit.html

Doesn't 2nd quarter end in June? Or does collector's Universe fiscal year start in August?

And why is this the second time I've seen this exact story in as little as a week?
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AndyO
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Re: Whats up with this One?

Post by AndyO » Thu Feb 08, 2018 5:57 pm

Someone, please explain to me why 14.1 million dollars in 3 months essentially supports a break-even period. I can't believe this company has that kind of operational cost over the whole international spectrum.

I've always known from an operational standpoint, PCGS desperately needs some lean manufacturing concepts installed, i.e the turn around times. Apparently, it's loaded with waste in the whole organization.

Wait till we get the news one day that ANACS is buying out PCGS....
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