ODA 2.86% 17.0¢ orcoda limited

Ann: Investor Presentation - October 2016-SMA.AX, page-40

  1. 1,064 Posts.
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    Absolutely, also considering SMA is involved in gaming - the Chinese gaming sector is growing by 12,2%, according to IDC market research:

    "In 2015, the actual sales revenue of China's gaming market (including online games, console games, mobile games, etc.) reached RMB 140.70 billion, up by 22.9% from RMB 114.48 billion in 2014. China's mobile online gaming market continued to maintain fairly fast growth in 2015. In 2016-2020, the operating revenue of the China gaming market is expected to grow at a compound annual growth rate (CAGR) of 12.2%," said Neo Zheng, research manager, Terminal System Research, IDC China.

    I have yesterday also reached out to various executives and companies in Australia who I believe will benefit from the SMA commerce platform, including AUSTRADE. I will pursue with some contacts I have in the gaming industry - lets see how this will unfold.

    Remember, "Patience is bitter but is fruit is sweet"..
 
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