Forum Archive Index - March 2000

["Mark Hubbard" <mhubbard@es.co.nz>]

I've had a read of DFM research report, and of the prospectus, and I have to say it is just too 'unknown' for my blood. The financial forecasts are for steep percentage increases in sales revenues, from memory 30% per month (I've chucked my report away, so perhaps someone could correct me if wrong), which is very high, and even with this the company doesn't plan to be in profit until 2003. Also, no track history to hold forecasts against.

 

And I'm not a 'professional woman' (which is who the site is aimed at), but I suspect cosmetics are the sort of product women like to see, and smell, physically before purchasing - so is the net the way to go here? Perhaps the women posters to this forum might like to let us guys into your minds over this one.

 

Anyway, I'm dipping out on the offer. I agree with the theory that B2B (business to business) is where the money is rather than B2C (business to customer) on the net. So I'll continue looking at ASX rather than NZSE.

 

I would be interested in others' thoughts.

 

 

----- Original Message -----

From: Les Read

To: sharechat@sharechat.co.nz

Sent: 12 March 2000 3:15 PM

Subject: Re: [sharechat] Beauty Direct Float

Yes Tony, we're in.  Advice from someone with product/price knowledge was  positive.  I mailed the company site over a simple spell error & got an instant reply with thanks.  That's the extent of my research.  we need to get Frank on the job!

Les

Tony Haddon wrote:

 Anyone looking at this ???? Thoughts ?????? Regards Tony Haddon