Better than the 69 new customers in December quarter I suppose
Maybe they work in pairs ...as well as Good Friday
I don't think we should overlook the fact that they received 36% YoY increase in revenue per customer last quarter. I think this is a significant number in the latest release. The other interesting and positive number is their forecast (yes yet to be realised) for Gross Margin to grow from the current 54% to over 60%.
Agree though that growth in customer numbers is below expectations and a bit disappointing.
I don't think we should overlook the fact that they received 36% YoY increase in revenue per customer last quarter. I think this is a significant number in the latest release. The other interesting and positive number is their forecast (yes yet to be realised) for Gross Margin to grow from the current 54% to over 60%.
Agree though that growth in customer numbers is below expectations and a bit disappointing.
Masters of spin stuff again
If H218 margin is 54% thats lower than H217 (55%) and a lot lower than H118 which was over 57%
So setting things up to explain a poor margin performance when financials are released ....but suppose is a positive if they achieve 60% in H119
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
If H218 margin is 54% thats lower than H217 (55%) and a lot lower than H118 which was over 57%
So setting things up to explain a poor margin performance when financials are released ....but suppose is a positive if they achieve 60% in H119
Yes, its bit disappointing to see the current reported quarter numbers are not what the market would've liked.
Don't forget to look at long term picture though, cash flow break even by end of this year and US listing later this as well. These are two very key milestones look ahead. And am sure Chris will leave no stone unturned to make sure the company achieves the best possible results before that.
I'm watching closely for a top up opportunity if price get really silly levels.
Red flag when you hear a company say things like ‘there was an extra Sunday in the last quarter’ to make current quarter sound better ..and accidentally on purpose leaving out a long used chart that didn’t look too good was another red flag.
Growth rate decay has been consistently in the 80%/90% range for a while but droppong to about 50% in March quarter is pretty bad.
Maybe this quarter is an aberration ....let’s hope so.
Share held up yesterday afternoon. Let’s put the activity yesterday down to buy the rumour sell the fact ..and maybe profit taking.
Watching the squiggly line closely ...and hoping
An extra Sunday could come to an extra $1m in revenue and $3.6m to ACMR.
Yes, its bit disappointing to see the current reported quarter numbers are not what the market would've liked.
Don't forget to look at long term picture though, cash flow break even by end of this year and US listing later this as well. These are two very key milestones look ahead. And am sure Chris will leave no stone unturned to make sure the company achieves the best possible results before that.
I'm watching closely for a top up opportunity if price get really silly levels.
It’s only the long term picture / story that keeps me in at the moment .....on fundamentals current price is outrageous .....but hoping US punters think this a great thing and pay even more than what it is now.
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
It’s only the long term picture / story that keeps me in at the moment .....on fundamentals current price is outrageous .....but hoping US punters think this a great thing and pay even more than what it is now.
Is this applying the "greater fool" strategy?
Have problems to find big enough (and still credible) numbers to feed my DCF to justify the current share price ... but maybe I am not creative enough?
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"Prediction is very difficult, especially about the future" (Niels Bohr)
It’s only the long term picture / story that keeps me in at the moment .....on fundamentals current price is outrageous .....but hoping US punters think this a great thing and pay even more than what it is now.
If it helps Ord Minnet has upped their target price to $4.53 AUD, source: HC forum.
Originally Posted by winner69
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