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GMV

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3.9¢ g medical innovations holdings limited

Recurring revenue has always been the focus of the company. Long...

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chopper4

62 Posts.

53

17/07/20

10:30

Post #: 45929535
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Originally posted by Fanthom ↑

This crazy little thing called GMV........

1. Up till Jan 2020....its main focus has been China....n awaiting NMPA...for 3 years all SH were constantly conditioned into focusing n believing CHINA...thru announcements..(green channel, HK listing, initial Nasdaq listing) ..was the Pot of Gold!

2. Share price always held down or sold into ....because announcements have not been the BIG BANG Announcement.......so a nice pattern for players , traders, manipulators....has emerged and been recognised....i.e....wait for bit part announcement (as per yesterday).....small spike....SELL into...buy back on way down....rinse n repeat...money being made over n over.......because there has been n will continue to be more bit part announcements..(1000 pce order, 4 hospital etc etc) ...its slowly building but its not the BANG!!!!

3. Imo nothing happened despite numerous approvals in the past years because all concentration was on China which the Dr saw as the Holy Grail of the business..

4. HOWEVER...if we look at 2020 as a stand alone year and starting point...in 6 Mths....the focus has been the USA (helped no doubt by the need for Covid 19 Telehealth equip) ...the progress has been rapid....RECURRING REVENUE is the lottery ticket in this business! and is accelerating!.
Recurring revenue should be the MAIN focus of SH ....The sale price of 1 prizma or patch is nothing compared to the recurring revenue that device will earn over its lifetime!! - thus even if the Patch n some Prizmas are given out for free (which I think may be happening)...its the future earnings that matter.....so the real $ amount should not be in sales but in recurring revenue...

The initial memorandums signed has mislead many.....and I suspect the "game plan" has changed (in most cases) from product sales to product use.

5. With the USA growing, Europe starting to come onboard ...N IMO...NMPA which WILL be the BIG BANG Announcement - we will see GMV finally fire on all cylinders....and its hopefully not too far away!!

All IMO..

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Recurring revenue has always been the focus of the company. Long term holders have always known that.

GMV Price at posting: 5.8¢ Sentiment: Hold Disclosure: Held
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