NUH will have indicative 12 month forecasts from HP at a minimum, with firm forecasts for the next 6 months. NUH in turn need to plan ahead with their manufacturing partners, securing long lead time raw materials etc. I'm guessing this is all looking very positive, hence commitment to increasing staffing, credit terms on manufacturing etc. Typically the stock market is also forward looking, and ought to be pricing in this planning and forecasts to arrive at an expected MC over the next 6 months or so. I suspect NUH still remains " backward looking " in terms of MC. Once the market see's HP deal is real, and get's an indication of the wider distribution of HP Elite Earbuds in the HP portfolio, it will rapidly move to a "forward looking" MC ... and that is when things get very exciting for the SP and anguished LTH's are finally rewarded.
IMO. GLTAH
NUH Price at posting:
4.2¢ Sentiment: Buy Disclosure: Held
(20min delay)