I am here because I am sick of companies hyping their stories and not delivering - particularly small companies, hence the name nano_land.
I accept the sales cycle for new technology companies can be long, but to me a 16,500sqm warehouse fit-out with an ~8,000sqm extension in 14-months is disappointing and does not validate the product.
Outside of the last quarter, which was inflated by late payments and prepayments, quarterly cash receipts have been disappointing, and will be again this quarter.
NCF has delivered bubkus other than further funding requirements for VIV - and these two businesses have nothing in common. NCF should not sit within the same listed company as Vivid - get rid of it if it is so good.
What happened to save & share? Has anyone adopted it? Is any client paying a SaaS style revenue that is not impacting upfront hardware sales - they hype it as such but I doubt it.
Time to deliver boys
VIV Price at posting:
5.7¢ Sentiment: Sell Disclosure: Not Held