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Ann: LIFX Launches in Apple Stores in Hong Kong and Singapore, page-7

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  1. 2,720 Posts.
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    I agreed it is good news, but I am sceptical about the sales.

    they have expanded into Europe, Middle East and starting into Asia, yet their sales are lower than previous year. How is this possible? This is why they bringing all these cost cutting strategies. I know selling less with good margins is good, but at the expense of deterioration of the quality of the products. Have a look at the number of complaints lodged in the Twitter!

    when the jobkeeper ends in Sep, how will they come up with funds to pay employees? Issue more shares which means more dilution???
 
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