The problem that I can see looming eventually and the one that has been mentioned in the past is the Zoleo 2 development or the Zoleo+ whatever the name will be. It was mentione din one of the BCC trading updates about a year ago, so it would be interesting to understand if that expenditure will start eating into the capex over the next FY.
The Zoleo product lifecycle shoul dbe pretty lengthy though, as it already has so many features that it offers even in its current state, I cannot imagine what the Zoleo+/Zoleo 2 would do for the business. Unless it is used as an opportunity to renegotiate sale margins with RP even if the improvements to the device are cosmetic and incremental. Obviously it woul dbe good if Zoleo+ allowed full blown data connection fast enough for live chat/internet traffic, but that is just entirely unrealistic.
BCC Price at posting:
21.0¢ Sentiment: Buy Disclosure: Held
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