Rare to see a nuh holder acknowledge obvious negatives. A good summary of the red flags re management imo.
agree HP hope to sell millions but do not agree re they wouldn't bother unless they expected to etc. Couple of points re this:
1. Didnt someone post a week or so ago that HP have already sold HP branded buds under an OEM with someone else that have since been discontinued? I think it was kickit2me who posted that, apologies if this is not accurate. So couldn't it be possible that HP might do the same here? Is the NUH deal the destination for HP or another step on their journey towards their destination?
2. Related to 1. New market, new product for HP and everyone else. Perhaps their wireless buds strategy is evolving rather than evolved. Lots of big companies make errors when they venture outside the guts of what they know.
the HP deal is the great hope for nuh and I hope it comes off, maybe it will, it still could. But from what I see there are a lot of people putting trust in nuh management "in spite of" the red flags that are just plain obvious.
1. The share sale of 5000000 pre quarterly
2. The lack of timely announcement re delays
3. The "mass production"
4. The way the quarterly was presented (used car salesman vibe anyone?)
5. The hires of "heavy hitters" or whatever the phrase was.
cmon. How much smoke do people need to see and smell before they admit there might be a little fire?
for me I would have to have more trust in management to invest as a Lth, but each to their own of course. The usual disclaimers, just my opinion, Yada Yada Yada.
(20min delay)