Re: Where we are
posted on
Nov 19, 2020 12:24PM
Congratulations Lumenge you have initiated a return to sanity on this board where we've seen a tsunami of negativity. My nephew Oldgreg quite rightly points to psychology to explain this but I also get a sense that there has been some shaking of the tree to gleen the low hanging fruit, why. there are those out there who want entry cheaply because of the fantastic opportunity POET presents.
The company's plan for revenues, linked to known orders, has been visibly stated and it does not give any impression other than a little in this quarter and more next year particularly in the second half of next year. People's expectations were agitated by the getting warrants in the money saga, it didn't happen and that was a foreseeable possibility, so let's move on.
A principle factor being ignored and hard to discern in the West in any meaningful way because, I believe, of language difficulties, is how POET is perceived by Chinese enterprises. You will have noted that Chinese characters now adorn POETs media material. Just Google reports on Chinese optical growth to be astounded, (is that true Oz?) yet the China effect is not often mentioned in any analysis on this board.
What do you imagine optical firms in China reactions are to the announcement that one of its World class optical manufacturers is in a joint venture with POET, They Use the internet and see and understand the significance of POETS Optical Interposer to their businesses , they have faith in Sanan and its ability to deliver and many already have contacts with Sanan with its sales and marketing divisions i.e. there will be Chinese orders that are not built into POETs revenue growth but soon we will start hearing about Super Photonics growth.
I get the notion that the share Price tells you everything, but POET whilst transiting from development is now in the early phase of commercialising and SP is illogically a measure of performance at this stage in development. What does matter is what shareholder value has been created, the quality of the products offered, the market potential for the product, along with an assessment of management is performing in that market.
This company is AAA in those terms and the SP will react once the scale of these factors are understood. I want it now mentality is irrational in the circumstances and therefore you must look deeper and to the east where our star is rising. Now where have Heard that before?
sula