Hi Kitty, nice to see you have refound your enthusiasm for this.
I'm hoping that the 4th Q unit sales will be better than the 3 rd. Several things point to that.
Any cash from profit could well have been gobbled up by expenses but unless the costs were on the revenue account side of things and not the capital account side the profit would still be there.
Half yearly marketing cost were 6/18 $154k 12/18 $460k 6/19 $495k. They could easily have blown out. But not to the tune of the expected profit from 8 or 9 m units sold.
Ramping up the production line should be a Super Soco issue.
Building stock levels would be charged to the balance sheet as increased inventory and should not have to be expensed.
Research and development is, I think, something that is expensed as its incurred so maybe the development of the new models explains the profit forecast.
We won't know untill the annual account is released.
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14.0¢ |
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Mkt cap ! $58.54M |
Open | High | Low | Value | Volume |
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---|---|---|
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Price($) | Vol. | No. |
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No. | Vol. | Price($) |
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2 | 19392 | 0.140 |
1 | 126785 | 0.135 |
4 | 93889 | 0.130 |
3 | 114000 | 0.125 |
2 | 8271 | 0.120 |
Price($) | Vol. | No. |
---|---|---|
0.145 | 16311 | 1 |
0.150 | 176772 | 2 |
0.155 | 19346 | 2 |
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0.165 | 20000 | 1 |
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