Getting VERY tired of the stock bashers on this thread; most of which is comming from posters who claim to have no stock held and no sentiment either! (funny that!)
“two points...and i am not trying to be a smart arse here.. can you give me one elite, as you say , athlete that would carry out their sport breathing through the nose second, this product would have to sell literally millions of pieces to turn a modest profit...just how many 'elite' sportsman do you think there are..just doesn't add up to me..just an opinion”
The point is mate: WE DON'T KNOW how much the product is going to be liked yet!!! BECAUSE it hasn’t even been launched yet!!! Which is why I think it is ridiculous for you to infer on here that we will have a hard time being profitable or that there’s little use for our product because you say people who exercise don’t breathe through their nose. Give it a chance first before you say things like that!
May I suggest It might do you some good to go back and do some more research first before you publicly voice your uneducated “opinion” then maybe your posts will have a bit more truth and balanced substance in them rather than the one sided garbage you are have been posting. Much of the questions you are asking have also already been addressed in past announcements indirectly. Is it a coincidence that some of the rubbish from certain posters on here has been ramped up somewhat whilst we are only a few weeks away before the company launches what they describe as their “revolutionary product” to consumers in November??? Probably not imo!!
You seem to be inferring that there are no athletes out there who breathe through their nose when they exercise? How would you know that? You also seem to be claiming that we will need to sell millions of pieces just to turn a “modest” profit. This is not true either!
Would your answer or attitude towards the turbine CHANGE if you read more the content of company announcements released on the ASX released in past months? Or does it suit your purpose to not do this and not share a balanced view here?
Don’t know why I bother spoon feeding but Here are some of the findings from the elite sports panel testing (very easy to find in past announcements!):
86% of the panel believed turbine would deliver more air into their lungs? 60% of the panel felt less fatigued during training? Close to half felt their breathing returned to normal more quickly than usual? and 80% would expect to buy the device online!
One respondent said “I felt as though I could breath easier and I was excited to use it during training”- you think these respondents make these sorts of feedback up? No.
There is also a very big market at the moment and into the future for these sorts of things i.e. US stats: 51mill people run or jog regularly, 31mil participate in yoga or pilates, 47mill people ride a bike regularly.
Then there’s the huge market of the snoring market which we aim to tap into next year, of which you have barely mentioned it’s existence funnily enough.
“Radicaly improve the way you breathe, sleep, maintain your health and take medication” – clearly we are also NOT limited to the Turbine here!
The company also states that there are “significant opportunities in global markets” for Turbine and also for future products. Also the sports accessory market is tipped for sustained growth into the future in Australia let alone abroad.
“Clear focus on proving value of the technology portfolio: revenues nov 2013 with market launch in sport, STRATEGIC VALUE – demonstrate extension into high value markets” (page 13) – I guess you are failing to mention that!
“CMS breathe right acquired by GSK in 2007 for $566m US” – I guess you also fail to mention this
I am not claiming we are going to turn into a CSL overnight. Certainly not. But please bring more balance to posts rather than utter untruthful garbage. If the business model and the product “doesn’t add up” for you like you suggested then please tell me why are you here? Only you can answer that one!
CGP Price at posting:
3.6¢ Sentiment: Buy Disclosure: Held
