My maths may be wrong, but if $US2,880 is a 30% cost reduction, then the actual manufacturing cost prior to the savings is $US2880 / .3 = $US 9,660, which is a lot more than the $US8,000 list price. Even subtracting the immediate relocation savings ($980), $8,000 is still selling at a loss ($9,660-$980 - $8,680). Even with another $1900 savings, cost = $8,680 - $1,900 = $6,780, or a $1,220 margin on an $8,000 product.
Clearly they need to make a lot more progress, and we can only assume they are doing so.
.. or my calculations are way off.
- Forums
- ASX - By Stock
- Ann: Notice of Annual General Meeting/Proxy Form
My maths may be wrong, but if $US2,880 is a 30% cost reduction,...
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RFX (ASX) to my watchlist
|
|||||
Last
9.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $25.63M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
RFX (ASX) Chart |
Day chart unavailable