ok, so you all know the concept well, then it's not difficult to answer my question
1) RandomK said: "The gross margin is pretty low at 11% but target for this next year is 13%. At 13% margin the company will make 1 mil profit+ after tax."
I cant figure it out.
2)how much revenue needed to achieve 1 mil profit+ after tax, and how much performance share will be issued ?
I spent half hour to read the prospectus, didnt dig too much. In my memory, staff cost was $500K last year, how much management/directors fee this year ?
3)from previous financial infomation, I find cost and wage is proportional to the revenue,
almost no change. Simply speaking, how to achieve 13% gross margin? actually I dont trust their 11% gross margin of last year. Could you name one, JUST ONE, in the similar industry, no matter how big such as chemist warehouse, or how small as corner store, or whatever business mode or online shop which can achieve 13% gross margin.
if you couldnt answer these question, better to think it again.
AU8 Price at posting:
0.0¢ Sentiment: Sell Disclosure: Not Held
