Not a great day. What I dont like is any real explanation of why they missed the forecast by so much. Why there revenue target is so far off.
Who would like to send them a please explain email? I may have steve wilkies email address at home and if so I will be sure to send him an email tonight.
I am not so much worried about the JV if companies really are rolling out laser tv later this year (production soon) chances are they will be using some tech through arr and the JV. Will they not? What are their other options in the market place does any one know?
What is a little disturbing is the apparent hit in cash flow from their core business. Have the Indian telco not got forward orders in place? The hook up in China should be gathering steam in the run up to the Olympic games I would have thought? All though I believe that production is fairly nimble and there is the possibility that the cash receipts undershoot is just down to a timing issue, however if this is the case then some sort of explanatory note would be welcome.
I really think there is so much potential in this stock however management just keep falling short.
Do we have someone out there that is really up on there core technologies for telephony and high speed wireless data transfer? Where are they positioned in the market place for this technology? I remember Simon Cao saying in one of the market briefings that he believed they had really only touched on what their patented (blah blah chip - sorry thats obviously the technical term) could do.
Is there tech a market leader? Is there head room for further development?
Ppl forget about the consumer side of things for the minute and look at the core business. 764981981 heads are better than 1.
