OAK 0.00% 6.2¢ oakridge international limited

Ann: Xped Receives Platinum Membership with OCP-XPE.AX, page-44

  1. 2,579 Posts.
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    This is what I like: "the expanded board will include ... LG Electronics...." The LG brand is so powerful I overlooked a couple of details!!

    Haier and Samsung are also on the board.... according to wikipedia:

    "Haier Group is a Chinese multinational consumer electronics and home appliances company headquartered in Qingdao, Shandong province, China. It designs, develops, manufactures and sells products including air conditioners, mobile phones, computers,microwave ovens, washing machines, refrigerators, and televisions.
    According to data released by Euro monitor, in 2014 the Haier brand had the world's largest market share in white goods, with 10.2 per cent retail volume market share."

    I reckon they might be asking their local supplier, Telink about getting their hands on a few billion ADRC -enabled chips to put in 10 percent of the world's white goods.

    Samsung
    Apart from producing everything from appliances and electronic gadgetry, they will also be producing chips.

    According to wikipedia:

    "In October 2014, Samsung announced a $14.7 billion investment to build a chip plant in South Korea. Construction will begin next year with production beginning in 2017. The company has not yet decided the type of chips to be produced"

    Maybe they will be putting their own ADRC enabled chip into absolutely everything they make.

    All up, that is three pretty big players likely to use ADRC on the board of OCF. And there are still sellers at 4.2 cents. Anyone who sells at this price will feel a right Wally in a few months time..
 
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