Market's view on Belluscura
Published on April 2024
- There are concerns about the quality and competitiveness of the product compared to what’s generally available in the market.
- There’s an issue with the product’s quality highlighted by money set aside for warranties and obsolete stock, indicating a need for a design change.
- There is skepticism about the company needing to raise funds again soon.
- The company has been criticized for not delivering on promises, with a significant share dump by Tek viewed as timely.
- There are concerns about the company’s financial reporting and market cap inaccuracies.
- Stock watchers have noted multiple profit warnings and a lack of actual financial numbers being released, suggesting possible low sales which the company might be trying to mask with forward predictions.
- Concerns are raised about the quality of products made last year, with expectations of stock write-offs and failed equipment within the warranty period.
- The stock is considered uninvestable by some due to consistent underachievement and missed financial forecasts.
- Comparisons are made with other companies perceived as more profitable and stable.
- The sale of Belluscura shares by Tekcapital is seen as a move influenced by market conditions rather than company performance.
- There is a general sense of distrust in the information and promotional tactics used by some market commentators and platforms.