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Microcaps-When will value.be unlocked?
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Message Icon Topic: Symphony Comfort Systems - iPod of Cooler Post Reply Post New Topic
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amitdip
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Quote amitdip Replybullet Posted: 11/Jan/2010 at 11:23am
If i remember correctly Walmart was trounced too in Germany and they packed up their bags..
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amitdip
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Quote amitdip Replybullet Posted: 12/Jan/2010 at 11:54am
Hiring on in Mexico:

http://www.linkedin.com/companies/symphony-comfort-systems-limited

presence in 40+ countries, they are already making money and breaking even in several countries;

http://www.symphonycomfort.com/corporate_brochure.pdf
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amitdip
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Quote amitdip Replybullet Posted: 13/Jan/2010 at 12:28pm
They roped in 12 year old COO of Kenstar Appliances ;)
six months back

http://www.naymz.com/rash_gargieya_2771742

I'll continue digging with unabated zeal...
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amitdip
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Quote amitdip Replybullet Posted: 13/Jan/2010 at 12:41pm
mexico subsidiary website:

http://www.impco.com.mx/

country manager Iran   

http://www.timesjobs.com/candidate/JobDetailView.html?adId=a7canMBCSV1zpSvf+uAgZw==&bc=INT&searchName=inner&from=submit
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manish_okhade
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Quote manish_okhade Replybullet Posted: 13/Jan/2010 at 12:46pm
Why Sept 09 qtr is so bad all of sudden? Its posting poor sale and loss?
 
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amitdip
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Quote amitdip Replybullet Posted: 13/Jan/2010 at 12:54pm
Originally posted by manish_okhade

Why Sept 09 qtr is so bad all of sudden? Its posting poor sale and loss?
 



Do you realize the main business of company ? selling air coolers mainly !

I am actually quite pleased with Sep Qrtr result, sales up 300% given that they are primarily selling coolers in India/Gulf which are in northern hemisphere; meaning warm together at same time; those who want to buy coolers will do so max by April/May/June; nobody wants to buy cooler in second half of year in northern hemisphere.

increased sales in september quarter means water heater establishing itself.
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manish_okhade
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Quote manish_okhade Replybullet Posted: 13/Jan/2010 at 1:16pm
Do you realize the main business of company ? selling air coolers mainly !
 
By this logic OCT-DEC should be even worse! Who will buy coolers in winters Smile?
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Quote amitdip Replybullet Posted: 13/Jan/2010 at 1:22pm
Originally posted by manish_okhade

Do you realize the main business of company ? selling air coolers mainly !
 




By this logic OCT-DEC should be even worse! Who will buy coolers in winters Smile?


Its peak summers in australia/nz/south africa/south america in december so... plus water heaters can be required in india

QoQ comparison need to be done with previous years qrtr and not preceding qrtr in seasonal businesses
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