Should I say it? Should I actually commit to what I think this...

First 45 Last

Share
Profile

Follow
ChinaDragon

3,781 Posts.

480

03/05/16

17:59

Post #: 17666536
Share

Originally posted by shan_e ↑

Few things for me stand out...

Read the ann. It says the 'sales network' has been servicing these clients for 20 years, not the company. So they've incorporated more recently - that is not necessarily a problem. As long as the company and it's people have the relationships and contacts. They've not hidden anything - it's very transparent, written there in black and white.

They obviously do have the contacts, because they are presenting to retailers now. Which means they must have something to present. So that answers the question about do they have an actual working product. Also, they are planning to ship within months (Q3) so we can expect to see order numbers once the sales roadshow is over. And revenue imminently.

I also like the sports store angle. Walmart for your kids at home 'flying selfie' angle. But sports stores taps into that Go Pro market as well.

Reiterating my point that the increase from 10k production per week to 50k production per week between June and September implies to me that they expect 10k units per week to be the minimum and 50k per week to be the max

So @NextOne using your calc If we assume $80 USD = AUD$110 profit. (I work in consumer goods BTW and 20% profit is reasonable), and a conservative 10k units per week.

$110 * 10,000 * 52 = $56m profit per year just from the RoamE.

What's the market cap??

Expand

Should I say it? Should I actually commit to what I think this will be by Xmas? I shouldn't should I? It will truly jinx us. So I'll just keep quiet.....

IOT Price at posting: 7.5¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

Reply

Top Stories

RCE

Recce's R327 found effective against E.coli during clinical trial

LRV

Larvotto identifies new exploration target at NSW's Hillgrove, boosting shares by nearly 20%

CMX

ChemX Materials kicks off first stage works at WA high purity alumina pilot

LU7

Lithium Universe (ASX:LU7) board visits Quebec to engage key stakeholders

SS1

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

Week 26 Wrap: Cerberus of inflation barks – rents, electricity & fuel – and world watches two elders bicker

SVL

Silver Mines models five new calderas close to 396Moz Bowdens deposit

Wealth Within weighs in on shock 4% inflation read – and stocks that could survive the gloom

Microcap Wrap: 5 explorers with news out today

AVA

Ava Risk Group expands US presence with A$0.7M Substation Deal

There are more pages in this discussion • 12 more messages in this thread...

First 45 Last

Add IOT (ASX) to my watchlist

Should I say it? Should I actually commit to what I think this...

Top Stories

Recce's R327 found effective against E.coli during clinical trial

Larvotto identifies new exploration target at NSW's Hillgrove, boosting shares by nearly 20%

ChemX Materials kicks off first stage works at WA high purity alumina pilot

Lithium Universe (ASX:LU7) board visits Quebec to engage key stakeholders

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

Week 26 Wrap: Cerberus of inflation barks – rents, electricity & fuel – and world watches two elders bicker

Silver Mines models five new calderas close to 396Moz Bowdens deposit

Wealth Within weighs in on shock 4% inflation read – and stocks that could survive the gloom

Microcap Wrap: 5 explorers with news out today

Ava Risk Group expands US presence with A$0.7M Substation Deal

Featured News