"It should be noted that thisA$3.8m order was only to satisfy North American demand, and so subsequent firststocking orders for EU and Australia are expected in due course. It wasinitially envisaged that purchase orders for LIFX White would be accepted on anupfront payment basis, however that will no longer be the case (ie: paymentterms for retailers will be consistent with all LIFX products), and was not thecase for this set of POs. Accordingly, this revenue will be recognisedeither at the very end of Q4 or early Q1 (or a mix), depending on deliveryschedules."
Deceptive and misleading conductconfirmed. Again.
Asian Telco deal delayed “dueto internal restructuring at the telco..”. We’ve had that excuse already aboutIngram and Digicel!
"we simply cannot offer guidance on when or if this dealmight close."
lifx.comstill has over 50% of their product range "sold out". Absolutely showsthe company is rotten to the core. Can't stock their own product in a Countrythat "historically has been the largest source of revenue for thebusiness..." Best Buy closing all their 1000 stores shows how important Lifx.com is. Think of all the $ lost because of this. Assume that thecompany website doesn't qualify for the trade finance facility so they simplycan't actually afford to manufacture and stock their own products!? What atotal disgrace and for me this shows the single biggest problem with thecompany. Why no explanation for why Lifx.com doesn't have stock to sell? Shareholders demand better.
And who is this "Management" DM keeps referring to? He's the only one left!!!
DAVE OUT!
- Forums
- ASX - By Stock
- BUD
- Ann: Q3FY20 Appendix 4C - Quarterly Report with Commentary
Ann: Q3FY20 Appendix 4C - Quarterly Report with Commentary, page-16
-
-
- There are more pages in this discussion • 23 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BUD (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online