The following is excerpted from the question-and-answer section of the transcript.
(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)
Question: Daniel Rosenberg - Paradigm Capital Inc., Research Division - Analyst
: I was just curious to hear about the outlook. We've seen some industry indicators showing a bottoming of electronic sales and cellphone sales,
smartphone sales going into -- since May, basically. So I was wondering, what is the lag time for you guys? Or what do orders look like as companies
build up their inventories?
Question: Daniel Rosenberg - Paradigm Capital Inc., Research Division - Analyst
: Okay. And so when you say bullish -- I mean, I'm trying to read a little bit into your tone here. So maybe could you quantify something or maybe
give some color on what the underlying assumptions are that give you confidence that second half will be quite a bit better than the first half?
Question: Daniel Rosenberg - Paradigm Capital Inc., Research Division - Analyst
: Okay. And for the Vietnam facility, so has your view changed since last quarter? Or is it on track? Or has it been pushed back slightly based on your
expectations from last quarter?
Question: Daniel Rosenberg - Paradigm Capital Inc., Research Division - Analyst
: Okay. Okay. Perfect. And then just an accounting question. The fair value adjustment expense, how should I be thinking about that? It's -- so what
drove that number this quarter?
Question: Daniel Rosenberg - Paradigm Capital Inc., Research Division - Analyst
: I see. Okay. Yes, simple enough. Perfect. And then last question for me, so in terms of the balance sheet, I mean, you guys are working through a
lot of variables here in a challenging environment. So I was wondering what -- any priorities of use of capital or any indications on potential targets
for your debt leverage going forward. And I understand that there's a lot of uncertainties here, but just any color there would be helpful.
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AUGUST 13, 2020 / 12:00PM, BYL.TO - Q2 2020 Baylin Technologies Inc Earnings Call
Question: Daniel Rosenberg - Paradigm Capital Inc., Research Division - Analyst
: Okay. And in terms of working capital swings, nothing -- no significant swing factors there in terms of receivables or payables that we should
expect?
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