company making few querter losses dee.... fundamental not good. Bad market sentiment people only keep good big capital and good fundamental company shares.
Market is going through correction due to buoyant sentiments over the past few months. Although loss making this company still has secured LT contracts which will provide a steady stream of revenue over the next couple of years. Definitely can keep. I already accumulated shares.
Still remain positive that l believe technical indicators all point otherwise for the past few days.. Sitting on a healthy return now. Be greedy when the market is scared and be scared when the market is greedy.
Very positive base on Friday closing and I personally think that it won't remain below 0.30 cent level. Most of the loses last few quarter due to high cost and revenue remain unchanged. Most important is Cuscapi secured a long term contract with Starbuck and Oldtown. Perhaps the only downside is REV subscription not up to expectation but once secured any contract in China/Philippines sure will fly.
still waiting the latest result...If they manage to turnaround then should be a good buy for current price..you may check below link for what they trying to do in China http://cn.cuscapi.com/
Thanks small_rat, suddenly found that they put much efforts in the website, very informative to show the company structures and their products, and listed their clients as well. Hopefully the quarter report is as good as their new website.
1) too bulky for dining table. 2) Loses touch on human interaction. 3) Similar solution but better than REV exist in china (Smartphone apps, no expensive hardware) 4) People dont need more games on dining table as there is enough on their smartphones. 5) People need to talk to each other more over dinner or while waiting for meals! 6) Costly REV tablet manufacturing cost and inventory
However, on the positive note, The company is putting much resources to capture F&B POS market in China,and has been gaining momentum. Judging from the Cuscapi's clientele in china and around SEA region, the system must be working very well for giant F&B player. Notable new clients are Starbucks and Old town. Whats important is the POS works well and the cuscapi strategy is easy enough to adopt by big F&B player. On a side note, Cuscapi is currently changing it is business model to a recurring income mode rather than a one off sales strategies. all these make a lot of sense as it improve company earning growth and sustainability. I believe F&B POS will continue to contribute positively toward Cuscapi futures earnings and it's business will likely to expand further.
I dont think Cuscapi share price can go below 0.21. If so, it is major crisis mode. The thing is cuscapi already oversold since the oct selldown. i think the current price already price in much of the negative views. Company NAV value at RM0.19. Customer is growing with big F&B Player, Expansion in China & SEA, revenue is growing, profits drop due to projects delay. If subscription based business model works, the future is still bright and shine. at 20-30% premium to NAV, i think it is fairly good deal. Is a good time to collect.
but it is the fact that management is having biggest problem now. So much big F&B client also cannot bring profit. Many ppl think the worst has past last quarter, who knows this quarter worse than last.
Changing business model from one-off sales to subscription basis will probably sacrifices short terms earning. Just like purchasing Microsoft office 365 (Subscription basis) is only USD$189, but Office 2013 home&business will cost USD$869. With subscription business model, they still get to NEW customer like Starbucks to have their POS system install over 170 outlet. I believe it is positive, because every new POS system install secure income in the future. These may lower the initial set up cost for new franchise businesses too.
Yes you are right, but the management have to control the expenses as well. Hopefully they will make improvement. and still I am keeping it, hope it doesn't make shareholders disappointed again.
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cherry tomato
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Posted by cherry tomato > 2014-10-13 14:35 | Report Abuse
company making few querter losses dee.... fundamental not good.
Bad market sentiment people only keep good big capital and good fundamental company shares.