MWR 4.40% 9.5¢ mgm wireless limited

Be careful of falling into a state of delusion. The size of the...

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  1. 441 Posts.
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    Be careful of falling into a state of delusion. The size of the market is meaningless without a clear sustainable competitive advantage. There are well-established billion-dollar brands out there that can crush this watch out of existence with more R&D, better scale and lower pricing. Success for such a small business in the discretionary retail electronics space is by far the exception, not the rule. I'm afraid mgm investors may learn that lesson the hard way.
 
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Currently unlisted public company.

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