I am a little less worried about this issue. Satellite products have very long life cycles (10 years plus) unlike the iPhone or other consumer electronics. Also, from what I understand, a lot of the inventory increase relates to the Iridium GO! exec, which Beam has contracted sales for. Not saying write-down risks are zero but I think pretty low.
BTW, Michael has been busy. Proactive did an interview with him. Not sure if the URL will be blocked here but you can go to the site (its on the front page at the moment).
do not advertise external links.au/companies/news/1007928/beam-communications-sees-earnings-accelerate-in-growth-focused-half-yearly-1007928.html
I am a little less worried about this issue. Satellite products...
Add BCC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
16.0¢ |
Change
-0.005(3.03%) |
Mkt cap ! $13.82M | |||
| Open | High | Low | Value | Volume |
| 15.5¢ | 16.0¢ | 15.5¢ | $11.19K | 70K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 50000 | 14.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 34766 | 1 |
View Market Depth
| Last trade - 10.01am 11/07/2024 (20 minute delay) ? |
| BCC (ASX) Chart |