SAS (ASX) Price Predictions

Originally posted by kingy ↑

Originally posted by entityt
they could state these figures are just a guess at this stage of development, because thats what it is , a guess , ,
i never said anything about the amount you lost , i just said you lost 40 odd % friday same as i did
you must have missed this bit which suggests more than a guess
" (d) What steps did SAS take to verify the reasonableness and reliability of the Revenue Forecast? SAS took the following steps to verify the reasonableness and reliability of the Revenue Forecast
• Market research: over the last 2 years the Company has conducted satellite communications market research, competitive landscape research, addressable market research, product research and more, and collected knowledge and information. The result of this ongoing effort is an understanding of the market the Company is part of, including all commercial parameters such as pricing, type of contracts and agreements, required SLA/s etc. the accumulated knowledge provides the Company with a high confidence level when estimating revenues from the 1st batch of Pearls. • Due Diligence for customers: for each customer, as part of the standard commercial process, the Company performs a due diligence on the customer, to gain confidence in the ability of the customer to meet the defined financial commitments. In addition to this due diligence, the Company defines a probability parameter for each contract, which is gradually growing as the commercial relationship evolve. On top of this, the Company uses a conservative method to discount further the projected revenues, to allow for any delays, failures etc, which results in the announced estimated revenues on an annualized basis.
don't forget that the revenue forcast was on the 3 binding contracts at 50% and no consideration to the mou
that is more then a guess
you should go and read the asx query....great reading

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its still a guess , market research is just that research , have you got a copy of the disclaimer that came with that research report ?????????//
i love the part about due diligence of the customer ,,, i sure hope the customer is doing due diligence on the company as i said id love to see the flip side of the binding contracts
90% of the MOU's are just useless bits of paper ,, written on beer coasters at the piss ups after the junkets ,
the whole thing is just a farce , pitched at a part of the world that have to money to pay for anything ,, even if it got delivered , the corruption would be horrendous ,

is there provision for bribes to corrupt governments in the financials ?