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Ann: NetComm welcomes nbn's FTTC Announcement, page-3

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Yoda2503

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10/04/18

15:44

Post #: 32351737
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Originally posted by BRAGG ↑

The announcement is not exactly uplifting. They are hopeful of further orders rather than confident.

The comment that, 'At present they are the only company with tested, approved, installed and working equipment' almost sounds like they are expecting competition.

As mentioned by others it would be good to see some decent profit margins on what are one-off installations. Sure they may get orders from other countries but its not as if they're selling milk and should be getting good profit margins to reflect that they are providing leading technological equipment for a one-off purchase.

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Yes they are hardly poping Champaign corks over this but it is material.....at least 100m extra revenue and i think the margins are better than the standard 25% on this product.

The GSW et al debacles have make directors too wary to say anything at all in announcements now i believe

NTC Price at posting: $1.22 Sentiment: None Disclosure: Held
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Ann: NetComm welcomes nbn's FTTC Announcement, page-3

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