Australia's largest stock trading and investment forum Australia's #1 stock forum

NUH

Click for more information

0.00%

8.1¢ nuheara limited

Ann: Quarterly Activities Report and Appendix 4C, page-26

First 26 Last

Share
Profile

Follow
verce

7,518 Posts.

847

31/10/18

10:50

Post #: 36328821
Share

Originally posted by towkay ↑

Everyone is pressing the panic button this morning based on the receipts figure.

As far as the report is concern,
" The lack of availability of IQbuds BOOST stock early in the reporting quarter and the ensuing ability to receive payment for product shipments then made in the latter part of the quarter, impacted these results."

This tells me that there was a misread of how much boost was accepted by the market and hence did not make enough of them for the market's need. When it was finally supplied to the customers, the receipts of that revenue could not make it to this Qtly. There is money to come but will be included into next qtrly receipts. Sales was there but timing in getting the money is out of this qtr. It would have calmed everyone if they could give an estimate of how much that portion of the receivable is.

Am I the only one drawing the wrong conclusion?? Pls discuss.

Expand

Do you know how many times I've read that the current quarter is not reflective of performance, and just to "wait for the next quarter"?

...

NUH Price at posting: 6.1¢ Sentiment: None Disclosure: Not Held
9 Upvote

0 Great analysis

Reply

Top Stories

Week 44 Wrap: Relatively boring week ahead of US election; HotCopper's most watched; Oz inflation at 3.5%

MIN

Movers and Shakers: Zip Co, MinRes, Kuniko, more – The week's top ASX gainers

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

Bitcoin hits fresh record as instos pile into BTC ETFs – and Trump helps, too

MIN

Ellison slapped with $20M sanction from MinRes but will stay on as leader – for now

First 26 Last

Add NUH (ASX) to my watchlist