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NUH nuheara limited

0.00%

8.1¢

Informed estimate of cash position, page-8

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Gerrado

1,148 Posts.

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17/04/18

22:19

Post #: 32511787
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Originally posted by Teddyward ↑

Supplying to brandname firms they may be on invoice but NUH may probably start using invoice factoring to keep cash free for manufacturing ? Going to be hard to tell and it will slightly eat into margin. Doing that for a period of time and dealing with credit worthy clients or even ones who will forward commit with purchase orders and you have the basis for the bank funding via loan at some point for further expansion and additional advertising by company or rebate to retailers. I am still surprised at the manufacturing cost so that really needs to come down with scale so $ can go into advertising / promotion so they get traction faster and a larger clientbase for next versions and upgraders.

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What is the manufacturing cost per unit?

NUH Price at posting: 9.2¢ Sentiment: Buy Disclosure: Held
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Informed estimate of cash position, page-8

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