thank you for that z
i was trying to look for what you were pointing out to and managed to locate it in the last 2 lines :)
to be fair - and i dont claim to be an expert in this - the profit margin of 40% per unit may or may not include instalation and/or consultation costs. for example the project in south china that is worth 500K - i don't think that that means 5 machines with a profit margin of 200K - i am sure that the software, training, instalation etc fall under another fee/project management/design.
as the RM report also suggests there are other shops doing this but MVH is the leading player with the complete package.
i also picked up on some projects that are due mid 07 to end of this year in terms of development- anyone has any news/views on that?
with management heading abroad lets hope that there is more detail and expansion on the horizon...
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todays announcement: strategic partnership, page-21
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