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1.2¢ alexium international group limited

The assertion that there is a pipeline of innovation to keep...

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gsad1000

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19/05/17

16:12

Post #: 24800466
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Originally posted by Namronette ↑

There was no one particular point.
Confidence, optimism and enthusiasm was a major factor.
Their commitment to achieving profitability and their increasing capacity to think strategically toward achieving that end.
The explanation of lack of profitability due to pricing materials at bulk prices in order to win business.
The reassurance that they would be cash flow positive in the near future.
The size of the market for Alexicool.
The assertion that there is a pipeline of innovation to keep things rolling well into the future.
The fact that they admitted to errors and were clearly willing and able to learn lessons going forward.
I was already a fan of the company but all the above tended to strengthen my resolve.
I have been tempted to increase the holding for some time given that current prices look very much like a bargain.

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The assertion that there is a pipeline of innovation to keep things rolling well into the future.

Yes this was something that was interesting. They have a backlog of stuff they have designed/innovated that is sitting there whilst thy persue products that generate significant sales. I guess once those sales are generated and they are in profit mode, these will be progressed in time based on prudent management.

AJX Price at posting: 53.5¢ Sentiment: Buy Disclosure: Held
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Last 1.2¢		Change 0.001(9.09%)		Mkt cap ! $18.74M

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