OAK 0.00% 6.2¢ oakridge international limited

XPE Lounge, page-2577

  1. 1,855 Posts.
    I don't just read the headings and highlights, dear Growler. I read the whole announcement. Every words, every sentences over and over every now and then.

    IMO, if Xped has announced appointments of channel partners with commitments, including 1.0 million stock already in production, I wouldn't want to waste my brain cells thinking of the worst case scenario. An announcement is an announcement. Xped's Board of Directors have fiduciary duties to ensure clear and proper announcements are made. Why would they arrange for the 1.0 million production if there are no confirmed commitments?

    IMO, commitments of an amount of annual sales would mean the channel partners will have to take up the said committed amount of sales as agreed upon, irrespective of whether the channel partners can sell the same amount of items. Not forgetting what JCT products will have - i.e. the revolutionary ADRC - hence, why I don't think the channel partners will have difficulties in getting their committed annual sales fulfilled.

    I think the current Half Yrly Report only recorded revenue which have been received. I see some future changes to Half Yrly Report ie Company is to provide details of any existing contracts, if any, wef 1 Jan 2018.

    JCT's revenue is just one of Xped's revenue/future revenue. Xped has Telink, Intel, Microsoft, Lenze, Solekai, etc etc ....... As soon as things kick off with Telink and Intel alone, JCT's revenue, I gather, will be just a percentage of Xped's revenue.

    BTW, I don't just copy and paste the upside. If there is any downside, sure, I will copy and paste too. I do lots of reading for this particular investment. The upside is much more than the downside.

    CN? Well, all I can say is .... this is ASX, the share market.

    Cheers
 
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