Ann: Sensera Investor Conference Call - July 27th, 10.30am AEST, page-5

I take yesterday’s conference as a big plus to what the quarterly has indicated.I scribbled that one shareholder did ask Ralph if the bottleneck component can be made in house.Ralph said the component is a standard product and will get it from market. Efficient Supply chain management will contribute us a lot.

So take what we have gathered here.Then there is no coincidence that in March quarterly there are some information including that insteresting part:”a supply veteran on a contract basis to upgrade supply management to ensure the company delivers products against increasing demand from customers,including the FY 19 Smartbow agreement deliverables”.Then a few days later the management put out Dubai presentation,in which management maintains the this financial year’s projection as 6.25-7.25.If I take it right,we usually take the low bound as worst scenario which is 6.25.The actual result is 6.35 which is in the range and obviously is 0.1 better than the worst scenario. In terms of June quarterly management did state that the component impacted the ships of backlogs.I would like to this 0.1 improvment from the worst scenario benefits from the supply management.

In the Dubai presentation,management also project FY result as 60% improvement,which means it will stay between 10 and 11.6 range.Now management upgrade this result as 70% better,which is 10.795,given FY18 is 6.35.The better thing is this projection really put a base on 10.795 rather than the previous 10 low bound. I’d say that 0.795 improvement is at least partly contributed from the efficient supply management,though in June quarterly it did stated that the supply bottleneck will impact the balance of this calendar year.

I like what I saw and heard.The company is in the right direction and right hand.