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03/11/22
10:55
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Originally posted by FrankieAlfie
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So having listened to two of the presentations, I am going to upgrade my position to buy.
The following reasons:
1. the major concern of finance will be mitigated by already having orders and componentry in place. They need to do a production run and they are very coy about the length of time. Normally this coyness would frustrate me but listen to John he takes me as someone who is looking at underpromising and overdelivering!!! I believe that it isn't unreasonable to think that the best buy order would easily be in the vicinity of 3000 at the bottom end. That's 10 units for each brick-and-mortar best buys store or a combination of BM and online. John mentioned that he expects it to be same-day delivery so the stock needs to be there. They expect the stock to be in place this quarter and they have enough componentry for 50000 units.
2. Point 1 does not consider sonova or amazon etc. it may be fair to estimate they could have a similar order.
3. John is impressive. He seems to have a good understanding of the sales angle. This is now the next box to tick. Are the products good enough? Will people buy them? They are unanswered questions. They seem to have the sales channels in place that if they are this could skyrocket.
4. I liked his take on the audiologist's question. Would audiologists work against the sale of these products? No. The customer they are targeting would have actually left the audiologist without buying anything. As such, there is an opportunity for audiologists to make money and in a mutually beneficial relationship, Nuheara would be able to guide those who test for the Pros and find them not sufficient to be directed to an audiologist.
Is it still a risk? Yes very much so. You just don't know if the product is going to sell. However the old risk reward factor is at play. If it does sell they could make 50 000 units which would equate to 30 000 000 in revenue. Those sort of figures would shoot the SP through the roof.
the reward is very much worth the risk.
Still annoyed about the share consolidation literally could have had many millionaires through this stock and now it is potentially life changing but no where near what it could have been,
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In the Investor Briefing from Melbourne this morning, John Luna stated they have received LARGE orders from all of the existing retail partners, which now also includes Fuel Medical ENT/ Audiological with 3,000 POS.