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Christos12

3,781 Posts.

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23/01/18

13:04

Post #: 30498079
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Originally posted by sirocco1990 ↑

Based on industry standards:
All FF's bulk inventory (furniture, bed, couches etc) are purchased through Agents locally and in China. They are shipped as a single PO (ie 1 product per container) from factory in PRC direct to store door - not through a DC for unpack, batch and dispatch. There is no "last mile" locally for these products.
Accessories, spares and consumables are boxed in a Container Freight Station in PRC and distributed through a 3PL DC locally. Nothing GSW could add to this process.
FF is not a loss for GSW.

The fact that the CEO of a company that has agreements signed with Amazon, NA Williams and Yum is not across the loss of a trial in AU does not concern me.

To support this, per the IPO, 17/18 FY revenue projections, 15% was to be made up of local (Australian) transactions - 85% will be international.

@Christos12, welcome to the GSW forum. You have NO IDEA of the potential this technology has. You're like a child Christos. You have no frame of reference.

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You mean the easily replicable GPS tech? Puhlease.
Anyway, the tech is irrelevant. The behaviour and integrity of the board is the issue. If you can't see that, maybe stocks isn't your thing.

GSW Price at posting: $2.92 Sentiment: Sell Disclosure: Not Held
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