RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:First PO of the yearThe share price will probably move like a jolt of lightning once they reveal that they have secured a major DC chip sale!
Major?
I would say 300,000 and above would do the trick @ $10 a pop!
This company stock has always been pent up based on potential future prospects and an oversized VR market that never materialized!
Once the company hits pay dirt, then the volatility and speculation will run rampant with major swings in share price as has been the history!
What could different this time is the VR/Console (Sony) market is beginning to stabilize and build a base of revenue for the company.
My speculation on the sales for this category for 2019 might be something close to $8 million with the numbers that Sony, Rift and Vive have represented in recent sales reports for Q3 2018!
The problem is the $8 million @ 50% gross profit will only cover $4 million of the nearly $10-12 million in operating costs the company need to break even!
So we need to see some impactful orders to help support the company from the DC segment. About another $8-$10 million in sales of chip sets at 55% gross profit should cover all costs combined with VR/console! (So about 800-000 - 1,000,000 chips at $10 would do it)
So we need a couple of the big operators in Asia or US to roll over and take the bait hook, line and sinker!!!
Thise ideas, estimates , guesses are simply in my humble opinion and designed to draw comments for discussion among board members only.
DYODD