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Ann: Preliminary Final Report, page-8

  1. afd
    2,101 Posts.
    lightbulb Created with Sketch. 634
    Good question Youseff and the appropriateness of the call depends on the forecasting over next to 12 months.

    The JV with Powereagle using the new space was justified earlier. Main reasons I recall being proximity to the 200 distributors (economy and responsiveness benefits) and the expectation that PE sales alone will increase to 100,000 this year. I think they pare probably relying on another quantum jump in FY17.

    Interesting to see what happens with the forecating that is due to be released in q2.

    Under the circumstances I would hope for a 'best guess' / guidance in todays teleconference.

    Will check in later toady, hope it goes well.

    Cheers
 
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