NUH the time to invest

  1. 45 Posts.
    Hey Guys,

    Been in this company for the past 1 year but I finally believe that we are on the verge to smash straight to a 150-200 million dollar market cap in the very short term 2-3 months and here is why (4 bagger in 2-3 months I’ll take that). I have been going through all their previous announcements and management is moving this company forward and succeeding. They are hinting to us through awards and a timeline which is shown below on how big the company is becoming

    1. In the final quarter of 2016/2017 in 30 stores the company turned over 1.8 million dollars not including initial sales of Best Buy and uk expansion. Now the quarter that just passed has averaged around 400 stores and included pre orders for Best Buy and uk expansion that occurred late June 2017 our sales revenue point to 6-8 million for the quarter. Don’t forget the Middle East and Mexico . That’s incredible for a company that’s 40 million dollar market cap (50 million including escrow shares).
    2. The company is strategically expanding their reach for Christmas. The coming quarter we may exceed 10 million for the quarter. That’s huge. 600 to 1800 stores and include further expansion next year.
    3. So our revenue may be between 30-40 million for the year.
    4. Money in the bank was 3.5 million at the end of the financial year. With a 9 million dollar cap raise we come to 12.5 million. They state they have 10 million plus in the bank. They have burnt 1 -2 million for the quarter. Compare this to previous quarters of 3-4 million burnt. It means we are making money and we are going to be cash flow positive and next quarters going to bring in more cash . 1-2 million burnt even though they expanded an additional 560 stores. The profit on sales must be good.
    5. USA have given subsidies for the hearing impaired patients. This is a huge tick )) driving sales and profit and Nuheara is one of these brands benefitting from this.
    6. Patented trechnology just amazing
    7. Finally the OTC retailers which are coming online for the hearing impaired. We have only talked about the retail world but as Howard posted before they have been at multiple hearing aid conferences and the partnerships are lining up

    Leading up into Christmas this is a multi bagger and I cannot wait. Finally we are set for a vertical run excited. Please give this post a big thumbs up. The word needs to spread
    Last edited by Valentin: 15/10/17
 
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