I for one am a very invested in NTE 5000 @ 15 and still remain bullish. However, after listening to the conference call, I was totally LOST due not to content but translation. We, PR group, need to prep anyone responsible with both the delivery and content. No disrespect but had I not done my due diligence I would have run for the door after the CC. I believe we lost most of the groundswell of blowout numbers due to the misunderstanding of the gross profit margins going forward. There was a audible sound of the life being suck from the positive momentum of message.
I think when Mr. Koo talk about future gross margin there no misunderstanding from translation. He say consider gross margin 6% to 7% reasonable. Mention there are some other income items in this and last few quarters like currency exchange gain which help boost margins.
Maybe he being conservative by giving 6% to 7% gross margin guidance but I don't think there were misunderstanding because of his english. Some part such as when he talk about technology or production process is little confusing. However I think it because he is not engineer background so not familiar with many technology terms.