MWR 4.40% 9.5¢ mgm wireless limited

up 7% today with half yearly report due soon, page-19

  1. 7,244 Posts.
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    Hi Brendoh,

    I agree that it would be great to have it waterproof and who knows, one of the new products due for release this year might be waterproof. That's just speculation though. However I don't look at whether or not it's waterproof because what I would like to see in the watch or what you would like to see is actually irrelevant to what consumers expect or want when deciding whether or not to buy. From an investment point of view we really should ignore our impressions of the watch (to a reasonable degree at least) and just look at actual sales and sales growth as well as customer reviews. It doesn't matter if we would buy it or not, what matters is If the consumer is happy to buy it; and are they buying enough; and are we expecting sufficient growth to justify the current valuation? IMO it's a big yes.
 
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