Share Price Rising, page-1591

First 1591 Last

Share
Profile

Follow
Laup56

4,527 Posts.

526

10/12/19

06:04

Post #: 41880757
Share

Originally posted by Laup56 ↑

Three important point's from yesterday's AGM announcement ....

1. Confirmation of IQbuds Max production has commenced, with a CES 2020 Launch!

"The original IQbuds MAX concept was introduced at CES2019. In light of new innovations in hardware and software that would provide even more powerful points of difference, during 2019 the Company took the opportunity to improve upon the original concept. The result of this development is a completely new and significantly more advanced smart hearing bud platform that will allow Nuheara to produce multiple customized product variants in the future. Now in production, the first of these products, a new superior and highly improved MAX, will be formally released at CES Unveiled on January 5th 2020."

2. Nuheara partnership is confirmed with Specsavers, with Nuheara presented as part of their "Store of Future"

"Specsavers has now trialed our products in many stores, across varying demographics, with differing point of sale experiences. This culminated in our November 2019 attendance at the Specsavers partner seminar where Nuheara was presented to the 2000 delegates as part of the Specsavers’ “Store of the Future”."

3. Confirmation of DTC (Direct to Consumer) as the fastest growing, and "most profitable" sales channel ... with momentum remaining strong.

"It is our own Direct To Consumer (DTC) sales channel that has demonstrated the strongest potential and scalable sales capacity. Without a doubt, this has been our fastest growing and most profitable retail sales channel. I am pleased to advise that the sales from DTC store sales in the current quarter to date, totals more than $600k and momentum remains strong."

Expand

NUH Price at posting: 3.7¢ Sentiment: Buy Disclosure: Held
11 Upvote

0 Great analysis

Reply

Top Stories

ASX200 dives as inflation clocks in at 4% – higher than 3.8% consensus

SS1

Sun Silver gets that drill to thrill feeling from high grade hits at Maverick Spring

SFX

Sheffield Resources achieves milestone production, shipments at Thunderbird, WA

NIM

Nimy extends sulphide targets at Mons with new anomalies identified

NXM

Drilling at Bethanga shows signs of Cu-Au porphyry system for Nexus