CXZ 3.45% 2.8¢ connexion mobility ltd

Ann: Flex Shareholder Update, page-25

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  1. 22,698 Posts.
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    The company deserves some credit here with giving us a long range forecast. Many have been critical of a lack of information or ambiguity in their announcements.

    This 70,000 to me seems a conservative figure = quite achievable with a take up of 20 per network of dealers of the 4,000. This will no doubt look better If and when CXZ announce further deals with car manufacturers. Also, if cxz manage to crack a European deal we will be well on our way to far exceed the 70,000 target.

    And this is all going on without miroamer's enormous potential.

    The market may just be sceptical unril actual subscriber numbers are announced and then can make realistic forecasts. Any actual subscriber numbers should result in a share price boost so let's hope we are not far off getting some news from Ford or GM or whoever it is.

    I bought more recently and this announcement just ticks another box in the short period from flex's launch.
 
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