OAK 0.00% 6.2¢ oakridge international limited

XPE Lounge, page-2918

  1. 7,323 Posts.
    lightbulb Created with Sketch. 2283
    Good quote. Thanks.

    But why allocated $1+m building up inventory in Q2 for possible sales in the 2nd half of Q3? Athan is unaware of JIT [just-in-time manufacturing] or does it take 2-3 months to manufacture our products?

    I am expecting an abysmal Quarterly:
    1. Financing costs from the disastrous CR's
    2. Based on your quote and assuming minimum 30 day trade terms, we will not see much by way of cash receipts from the new channel partners.
    3. Which only leaves business-as-usual from JCT for receipts.

    If the forward looking market has not priced in the additional costs and expects greater cash receipts due to the massive inventory build-up, then we may not hold 2c. Disregarding we may receive good news in the same time period such as Athan resigning to pursue personal business interests.
 
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