The season effect on Nanochips sales is as normal as before.
In Sensera 2017 December Quarterly Update it clearly mentioned that “Sensera achieved quarter-on-quarter growth of 161% in cash receipts from the sale of products and services, increasing from US$0.58 million in the September quarter to US$1.50 million for the December quarter. The primary driver of the increase in cash receipts was stronger sales by nanotron of chips, anchors and software.”That means that the pattern Sales between two successive quarters could fluctuate 3 times over or under exists,if we take cash receipt roughly as revenue and that pattern persists.
In this market people is usually impatient. For them maybe a few bags in a few weeks are their timeframe.They flip everything if it takes more than a few weeks to achieve something tangible. In my opinion the company keeps ticking boxes in their dual huge market.I don’t have any intention to unload my shares if the company is implementing their strategies and fulfilling their objectives.
I am fine with the quarterly as I believe it is possible for the company to put off some payments under the constraints of last quarter ‘s balance sheet to this quarter.The main game is played in the final quarter of this fiscal year.
