Ann: FY2018 Guidance Exceeded, page-6

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Wuey72

2,365 Posts.

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04/04/18

21:13

Post #: 32225476
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Originally posted by dontran ↑

Very well said. VHT should be played for long haul. Slowly but steady it is started to penetrate the US market. Sales maybe take longer time than other services/products but once it's done it's very sticky. Unlike other bio comps in which they spend money on R&D, trial tests without achieving much revenue or cash inflows, I'm very happy to see that VHT has achieved decent revenue in such a short period of time. And yes, cash burn is a bit concern but that cash is spend on Sale & Marketing which result in revenue so not much to worry on that either. My most concern here is a CR. Given at end of 2017 they had roughly 7M cash on hand and they consume approximately 2M cash per quarter, so I expect a CR will probably be around mid year. I hope management can do a CR at a good price, unlike, last time they did a 15-20% discount. Other than that, everything is OK with me and I think the company is on the right track, right direction. More importantly, management made up of 35% of the register, a good indication of management's interests are aligned with shareholders.

Another point to note that in last 4c report they said that VHT expects a decrease in cash outflow but a significant increase in cash inflow in Q4. So, I hope they will have a good 4c at end of this month.

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Another impressive measure is the number of customers signed up. End of FY 2017, 14 customers signed. Currently 57 customers have signed. Great sign!

VHT Price at posting: 76.5¢ Sentiment: Buy Disclosure: Held
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