Ann: Appendix 4E, page-126

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makattack

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23/08/17

14:21

Post #: 26695275
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Originally posted by Pman ↑

Hi Mak

Re the question on the other thread.
Seems to me that these guys take about 6 weeks to manufacture a complete product which seems tight would have thought about 2 months (not far off).
They have 3 steps in manufacturing a product one the array, sent to sing who make the item and then off to japan to box with cream.

On the 400k units discussion
All companies work on "just in time" process. So it is critical that the supply chain has all the info and pre-orders in place given the length of time to get it to the store.

Going into north america will not be produced yet as it is 2018.
Singapore has launched
Japan launched
China has Olay launch
rest of Asia is Sept

We are one week out from Rest of Asia launch they will have the stock moving in now.

So in July we where corrected that 176k purchase orders from the 400k. Now we are told that 400 includes 2 products (so they corrected themselves as obviously something got lost in translation).

Also told this will increase as they roll out across Asia. So I would suggest the info obj are getting is old and part of the original planning of launch and not privy to full distribution numbers as is expected as they are licensing the product (luck to get that when you are dealing with a distributor)

So the 176k is obviously for Singapore and possibly Japan. The rest is was for olay. The rollout would not have been ordered about the time of the July release.

I know we all want details to make firm numbers but this is very rare. You can't even find out what SK2 total sales are. That's how competitive these companies are.

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Thanks Pman, as suspected the continual changing of info from OBJ indicates they are not really in the loop on production numbers. So we're really back to square 1, wait until cash received results are received on a quarterly basis. What do you make of the $400K trades and other receivables in the Appendix 4E?

OBJ Price at posting: 4.7¢ Sentiment: None Disclosure: Held
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Ann: Appendix 4E, page-126

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Ann: Appendix 4E, page-126

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