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This is a terrible baseless up-ramp. @tuts asked you to how CIO...

  1. 802 Posts.
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    This is a terrible baseless up-ramp. @tuts asked you to how CIO is positioned well to capitalise on i'm assuming AI (per your title?).

    You have done nothing to answer that.

    And now you're highlighting that the company is 'pleased to announce' this latest 4C?

    Should we not investigate why the manufacturing costs are 30% higher comparative to the last quarter? And even more so versus the quarter before? There is a statement regarding the costs being 'slightly' higher - 30%+ is not 'slightly'. There is a significant lack of transparency with respect to the claims of 40% profit margin versus the actual receipts versus costs in the 4Cs. The company was obviously doing some nice accounting techniques to reduce the costs in the last two quarters. I'm concerned about what amount of product actually needs to be moved to break-even.
    Last edited by Honesttrader: 01/11/19
 
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