NUH - Nuheara Limited

[barney]

QUOTE="Trav., post: 1004369, member: 73740"]
End of the day I am in the green so will hang in there for that multi bagger

Cheers[/QUOTE]

Pleased to hear that ……

Lets hope the multi-bagger scenario comes to fruition

 

[Trav.]

Large ranging vertical bar closing near its lows is not ideal .. There were obviously a lot of Sellers cashing in their chips …

Looks like these were people in the know.

NUH in trading halt and apparently raising funds at a discount to current SP, so again the poor old mum & dad investors getting screwed again. I am fortunate that I did not buy at the recent highs of 12cps but I am sure many did with the announcement of good news.

But saying that it is pretty obvious that NUH will continue to need funds to manufacture products probably over the next 12 months as supplying the number of outlets with products is an expensive exercise then waiting on the cash receivables could be 30/60/90 days etc.

Just another reason that you should not fall in love with a stock and to have a clear plan to take profits. I could have walked away with +$20k profit on Wednesday but had no clear plan except that I like the product I'm sure traders would have taken the money and even looked to reinvest on the retrace as this is not the first time that this has happened.

note - I was hesitant to put in a dollar amount above but putting in a % does not truly indicate the true failure of not having a plan!

3 exit's missed due to being greedy ie. not having a plan, so multiply the missed profit by 3 and that hurts.

 

[barney]

Just another reason that you should not fall in love with a stock and to have a clear plan to take profits. I could have walked away with +$20k profit on Wednesday but had no clear plan except that I like the product

Appreciate your candor and honesty Trav ......

I can assure that you are not alone in having trouble making that decision whether its a Sell or Hold

Plus the Fat Lady may still be just warming up her vocal chords

 

[Austwide]

Trav
As someone trying to learn, I am concentrating on buy signals and have never considered a sell plan.
My sell would be when a trend line is broken. The only sell indicators I have seen are reversal signals
that are more of a pattern than a single day sign.
I guess a bit more study on my side is required.
Sorry for your lost opportunity.
Thanks for your post

 

[Trav.]

@Austwide thanks for your reply and as you can see I am learning as well.

Lots of good information available on this site but I have just read step by step trading ebook (link below) then went back and reread pavilion103s thread (link below) and I found it help fill some major flaws in my trading. Obviously still lots of work to go but feeling a little more comfortable today.

Good luck with your trading and just jump in posting as I have found it a very valuable experience instead of just stalking in the background.

https://www.google.com.au/url?sa=t&...FjAAegQIBRAB&usg=AOvVaw26T2haJoS6zAdMHo5C1lnO

https://www.aussiestockforums.com/threads/pavilion103s-live-asx-momentum-setup-trading-thread.29536/

 

[Trav.]

So I know that you are probably sick of me posting here in NUH.....but as mentioned previously they have raised some coin as per extract below

But there is one thing missing for the allocation of funds.......LiveIQ...... what are they going to do here. Release date was this quarter then crickets ...Hopefully another announcement out soon providing a much needed update.

and I have added a new signature as this company NUH was my elephant now I am chasing rabbits!

 

[Trav.]

And another good announcement today, with a trial product range in a UK Specsavers store, then hopefully rolled out into more stores in 2019.
This ties in nicely with the UK's NHS program (NUH announcement on the 28/11) as Specsavers and Nuheara have supply contracts.

https://www.asx.com.au/asxpdf/20181217/pdf/4418vg5tpgw5r9.pdf

 

[Trav.]

Thought that I would update NUH since the CES 2019 has finished and multiple price sensitive announcements have been released since my last post.

First new product IQbuds MAX being released 2nd half 2019 https://www.nuheara.com/iqbuds-max/

Then...Self service app store

and finally IQconnect

unfortunately no real impact on the SP as I believe people are waiting on sales figures in the next quarterly but the next 6 months will be very interesting time for the company.

Cheers

 

[Miner]

Thought that I would update NUH since the CES 2019 has finished and multiple price sensitive announcements have been released since my last post.

View attachment 91389

First new product IQbuds MAX being released 2nd half 2019 https://www.nuheara.com/iqbuds-max/

View attachment 91386

Then...Self service app store

View attachment 91387
and finally IQconnect

View attachment 91388

unfortunately, no real impact on the SP as I believe people are waiting on sales figures in the next quarterly but the next 6 months will be a very interesting time for the company.

Cheers

Thanks, @Trav. for your regular posting on NUH. I did not visit this thread prior to putting a tip today. You have already nailed all about NUH.
So to support the reasoning of my tip, I am saying tick all of the above PLUS company report on 20th Feb that attracted my eyes.
https://www.asx.com.au/asxpdf/20190220/pdf/442rwbrv6jjq1s.pdf says all.
Justin Millar, a director converted 10 million options on 22nd and 25th Feb and spent about $340,000 for nothing? Just after waiting for the announcement of the release of HY 2019.
Can not be so many flukes. If so, I also put my fluke on NUH - there are two options - to be or not to be.

 

[Miner]

Substantial shareholder as published.
This could be a quiet investor acquiring this for their superfund with a tactful investment in two lots of $150,000 about over 10 days. Interesting observation if Jamore investment does it continuously so as to lift my March Tip
This is after two directors exercised 500,000 options each @3 cents price.
https://www.asx.com.au/asxpdf/20190227/pdf/44317f5v6dvg09.pdf

 

[Trav.]

Some pressure on the SP this week due to the below announcement causing some uncertainty for punters, but SP bounced back later in the week suggesting a little over reaction or strategic buying by those in the know.. lol

 

[Trav.]

Looking at my records I have held this stock for over a year and it has gone nowhere. I have been offloading some of my position as I was severally overweight in this stock having fallen in love with it and in turn missed many a opportunity.

Their quarterly was released after hours and did not kick any goals

By the time they finally decide to tell us what is happening with the Live IQ I think that I would have sold out and moved onto something else.

 

[Miner]

https://shopau.nuheara.com/products/iqbuds-boost
This product hopefully will make a big Hay Day for the investors after launching on the open market.@$649 (30 days money back) it has multiple functionalities and available only from the company until retailers commence selling middle of June if not earlier.
Contemplating if I should make this my tip for June 18
Disclaimer - Do hold NUH

 

[Trav.]

https://shopau.nuheara.com/products/iqbuds-boost
This product hopefully will make a big Hay Day for the investors after launching on the open market.@$649 (30 days money back) it has multiple functionalities and available only from the company until retailers commence selling middle of June if not earlier.
Contemplating if I should make this my tip for June 18
Disclaimer - Do hold NUH

Yes a frustrating stock this one, so much potential but taking some time to get traction in the market.

In addition to your post I think the new IQStream has some great functionality for those with hearing loss wanting to watch TV without having annoying the neighbours !

IQstream TV streams crystal clear stereo sound from the TV to your IQbuds™ BOOST so you can listen at the volume you want while others can listen at the volume they prefer.​

** Probably better options out there for the tipping comp...

 

[Miner]

Yes a frustrating stock this one, so much potential but taking some time to get traction in the market.

In addition to your post I think the new IQStream has some great functionality for those with hearing loss wanting to watch TV without having annoying the neighbours !


View attachment 94835

IQstream TV streams crystal clear stereo sound from the TV to your IQbuds™ BOOST so you can listen at the volume you want while others can listen at the volume they prefer.​

** Probably better options out there for the tipping comp...

Good morning mate
I noticed your frustration on NUH.
I see the challenge is their execution and pricing strategy needs improvement. Could be facilitated by a change in leadership and /or acquisition by a competitor like Cohlear. My guess is if Cohlear acquires it,they will cough the loss as one time impairment and abandon the product. That will keep their profit margin healthier with the cash cow : more expensive product.

 

[Trav.]

Good morning @Miner - you could be right there mate, I was hoping that they would also go down the path of LiveIQ for the mainstream population but that market looks saturated now. To tackle only the hearing loss market (which is still sizeable) could leave them open for takeover by one of the big boys so they can manipulate the product pricing.

Market updates are a bit vague in some areas leaving a bit of hope that something is brewing in the background but unless they start turning a profit I cant see them going to far.

Holding for now but looking for an exit. (when I get out I would suggest buying then as I have the magically touch of poor timing )

 

[Miner]

Good morning @Miner - you could be right there mate, I was hoping that they would also go down the path of LiveIQ for the mainstream population but that market looks saturated now. To tackle only the hearing loss market (which is still sizeable) could leave them open for takeover by one of the big boys so they can manipulate the product pricing.

Market updates are a bit vague in some areas leaving a bit of hope that something is brewing in the background but unless they start turning a profit I cant see them going to far.

Holding for now but looking for an exit. (when I get out I would suggest buying then as I have the magically touch of poor timing )

Looks like you and I have similar lucks.
I sold out MIN at $3, A2M at $2, stuck with IRL and few others. Now holding NUH however to change my luck

 

[verce]

Re: WAC - Wild Acre Metals

Disclosure: Holding

http://www.aspecthuntley.com.au/asxdata/20150520/pdf/01626640.pdf

World class speech separation technology from Curtin University of Technology. 50 combined years of hearing technology development. Curtin partnership will deliver new processing techniques and IP for augmented hearing.

Proprietary technology 100% owned by WAC/Nuheara

Provides functionality with AND without a smart phone!

Future capabilities for this smart device flagged in presentation :

*Translating languages on the fly
*Medical and fitness coach prompting through analysing sensors
*Environmental GPS

This was a blast from the past! 2015! I still remember the day I stumbled across the presentation for the reverse takeover. Screaming buy.

 

[Trav.]

Last week NUH released the following announcement which will be interesting to see if there is any impact to trading on NUH.

https://www.asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=02112635

Latest daily chart below and if the latest run breaks 8.5c then we might see a decent BO otherwise a retrace back to the 6's for NUH.

 

[Miner]

NUH published this today on ASX:
https://www.asx.com.au/asxpdf/20190620/pdf/445zh0w8wsfxv3.pdf
Market did not react. Why ?
My thoughts are : How much NHS Scotland covers and how many possible users ? Or market was yet to read the report, analyse it and waiting ?