පෙන්වමින් පමණක්
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S… Speaker 3 (audio1015298953)
I'm start recording the session.
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S… Speaker 3 (audio1015298953)
So I have a PowerPoint that
0:08
S… Speaker 3 (audio1015298953)
I will share with you with the questions.
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S… Speaker 3 (audio1015298953)
I will read the questions for you,
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S… Speaker 3 (audio1015298953)
of course, but then you have the questions in front of you so you can get time
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S… Speaker 3 (audio1015298953)
to reflect and to give your feedback.
0:20
S… Speaker 1 (audio1015298953)
Okay?
0:20
S… Speaker 2 (audio1015298953)
Okay.
0:24
S… Speaker 3 (audio1015298953)
So let's proceed.
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S… Speaker 3 (audio1015298953)
Now I'm sharing.
0:29
S… Speaker 2 (audio1015298953)
I'm
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S… Speaker 3 (audio1015298953)
sharing now.
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S… Speaker 3 (audio1015298953)
Do you see?
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S… Speaker 3 (audio1015298953)
I suppose you do.
0:38
S… Speaker 2 (audio1015298953)
No,
0:40
S… Speaker 1 (audio1015298953)
no, I don't see.
0:41
S… Speaker 2 (audio1015298953)
Oh,
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S… Speaker 1 (audio1015298953)
because it's not yet.
0:44
S… Speaker 1 (audio1015298953)
Yeah, now it is.
0:46
S… Speaker 1 (audio1015298953)
I think it's coming.
0:47
S… Speaker 3 (audio1015298953)
Now it is.
0:48
S… Speaker 1 (audio1015298953)
Okay,
0:50
S… Speaker 3 (audio1015298953)
so you see it well.
0:52
S… Speaker 2 (audio1015298953)
Are
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S… Speaker 1 (audio1015298953)
you satisfied with the results you have achieved with Nix?
1:01
S… Speaker 2 (audio1015298953)
Yes,
1:02
S… Speaker 3 (audio1015298953)
absolutely.
1:02
S… Speaker 3 (audio1015298953)
Are you satisfied with the results you have achieved?
1:05
S… Speaker 2 (audio1015298953)
Yes,
1:11
S… Speaker 1 (audio1015298953)
yes.
1:12
S… Speaker 1 (audio1015298953)
Well, not totally satisfied,
1:16
S… Speaker 1 (audio1015298953)
but based on the last
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S… Speaker 1 (audio1015298953)
two years of performance,
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S… Speaker 1 (audio1015298953)
I think we are making progress with
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S… Speaker 1 (audio1015298953)
Knicks.
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S… Speaker 1 (audio1015298953)
So I would say that we are reasonably
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S… Speaker 1 (audio1015298953)
satisfied with the achievement that
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S… Speaker 1 (audio1015298953)
we have done in the last two years.
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S… Speaker 1 (audio1015298953)
So this particular year,
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S… Speaker 1 (audio1015298953)
we feel that we will be doing more towards
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S… Speaker 1 (audio1015298953)
pushing the next products.
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S… Speaker 1 (audio1015298953)
So I would say it's reasonably satisfied with what
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S… Speaker 1 (audio1015298953)
we are doing because probably this particular
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S… Speaker 1 (audio1015298953)
year has been better than last year.
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S… Speaker 1 (audio1015298953)
So there's improvement to what we are doing.
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S… Speaker 2 (audio1015298953)
Very well.
2:11
S… Speaker 3 (audio1015298953)
Thank you so much.
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S… Speaker 3 (audio1015298953)
If there is some other detail you want to add,
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S… Speaker 3 (audio1015298953)
let me know anytime,
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S… Speaker 1 (audio1015298953)
okay?
2:17
S… Speaker 3 (audio1015298953)
So we shall proceed to the second question.
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S… Speaker 2 (audio1015298953)
Which
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S… Speaker 3 (audio1015298953)
audio brands are you selling the most of right now?
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S… Speaker 2 (audio1015298953)
At the moment,
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S… Speaker 1 (audio1015298953)
we have obviously Rankin
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S… Speaker 1 (audio1015298953)
Science, which is...
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S… Speaker 1 (audio1015298953)
Our concentrating on the Rekonheims
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S… Speaker 1 (audio1015298953)
is mainly on their steerable loudspeakers.
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S… Speaker 1 (audio1015298953)
So for us,
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S… Speaker 1 (audio1015298953)
Rekonheims is very targeted applications
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S… Speaker 1 (audio1015298953)
and projects where the particular speakers
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S… Speaker 1 (audio1015298953)
are required.
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S… Speaker 1 (audio1015298953)
And also Rekonheims is definitely a much,
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S… Speaker 1 (audio1015298953)
I would say,
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S… Speaker 1 (audio1015298953)
more expensive.
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S… Speaker 1 (audio1015298953)
And therefore,
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S… Speaker 1 (audio1015298953)
for Next,
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S… Speaker 1 (audio1015298953)
the reason why we took on Next is because we feel that
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S… Speaker 1 (audio1015298953)
the market needs something,
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S… Speaker 1 (audio1015298953)
a better range of audio products and
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S… Speaker 1 (audio1015298953)
also a better price point,
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S… Speaker 1 (audio1015298953)
more of an entry -level kind of product range.
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S… Speaker 1 (audio1015298953)
So I would say for us
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S… Speaker 1 (audio1015298953)
is...
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S… Speaker 1 (audio1015298953)
Not the most because I think in terms of value,
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S… Speaker 1 (audio1015298953)
it's difficult to measure because we
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S… Speaker 1 (audio1015298953)
recognize we don't do so much like
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S… Speaker 1 (audio1015298953)
monthly sales,
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S… Speaker 1 (audio1015298953)
but rather on a project basis,
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S… Speaker 1 (audio1015298953)
on a case -by -case basis.
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S… Speaker 1 (audio1015298953)
For NEXT,
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S… Speaker 1 (audio1015298953)
it's more or less a bread and butter line that we see that we could push.
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S… Speaker 1 (audio1015298953)
So I would say more or less average
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S… Speaker 1 (audio1015298953)
out.
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S… Speaker 1 (audio1015298953)
roughly about the same in terms of the products.
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S… Speaker 1 (audio1015298953)
But in terms of dollar value,
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S… Speaker 1 (audio1015298953)
then I think Recognize has got a bigger value.
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S… Speaker 1 (audio1015298953)
But that does not happen.
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S… Speaker 1 (audio1015298953)
Every year is different.
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S… Speaker 1 (audio1015298953)
This year it could be very high,
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S… Speaker 1 (audio1015298953)
but next year it could be maybe halved because it's
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S… Speaker 1 (audio1015298953)
on a project -by -project basis.
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S… Speaker 1 (audio1015298953)
So I would say...
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S… Speaker 1 (audio1015298953)
Next is more stable,
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S… Speaker 1 (audio1015298953)
you know,
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S… Speaker 1 (audio1015298953)
more regular,
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S… Speaker 1 (audio1015298953)
more regular in that sense.
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S… Speaker 1 (audio1015298953)
Yeah.
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S… Speaker 2 (audio1015298953)
Okay.
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S… Speaker 1 (audio1015298953)
I hope you get the picture,
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S… Speaker 1 (audio1015298953)
yeah.
5:00
S… Speaker 2 (audio1015298953)
absolutely absolutely perfectly yes okay
5:04
S… Speaker 2 (audio1015298953)
thank you let's go to the third question what
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S… Speaker 2 (audio1015298953)
are the reasons i think you already mentioned
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S… Speaker 2 (audio1015298953)
yeah so we can go to
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S… Speaker 2 (audio1015298953)
the fourth questions fourth question i'm
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S… Speaker 2 (audio1015298953)
sorry what are our three main
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S… Speaker 2 (audio1015298953)
problems
5:29
S… Speaker 1 (audio1015298953)
Okay, I would say this way.
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S… Speaker 1 (audio1015298953)
One is obviously the logistics
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S… Speaker 1 (audio1015298953)
because it's
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S… Speaker 1 (audio1015298953)
the distance,
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S… Speaker 1 (audio1015298953)
in terms of logistics,
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S… Speaker 1 (audio1015298953)
the distance.
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S… Speaker 1 (audio1015298953)
And also the value.
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S… Speaker 1 (audio1015298953)
So it all depends.
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S… Speaker 1 (audio1015298953)
If it's Nexcom,
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S… Speaker 1 (audio1015298953)
then as you know,
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S… Speaker 1 (audio1015298953)
it's a lower value product.
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S… Speaker 1 (audio1015298953)
And it's more voluminous,
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S… Speaker 1 (audio1015298953)
which means the cost of rating is higher.
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S… Speaker 1 (audio1015298953)
So we will have to factor in the cost for
6:10
S… Speaker 1 (audio1015298953)
that.
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S… Speaker 1 (audio1015298953)
But in the case of Nexpro,
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S… Speaker 1 (audio1015298953)
then we know that it's not so bad because the
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S… Speaker 1 (audio1015298953)
value of the speakers are much higher.
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S… Speaker 1 (audio1015298953)
So freighting will not be that much of a problem,
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S… Speaker 1 (audio1015298953)
right?
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S… Speaker 1 (audio1015298953)
So for the XCOM,
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S… Speaker 1 (audio1015298953)
it is an issue for us.
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S… Speaker 1 (audio1015298953)
That
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S… Speaker 1 (audio1015298953)
is one of the issues.
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S… Speaker 1 (audio1015298953)
And then the other one,
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S… Speaker 1 (audio1015298953)
I think so far,
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S… Speaker 1 (audio1015298953)
our salespeople feel that next
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S… Speaker 1 (audio1015298953)
audio in terms of the image,
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S… Speaker 1 (audio1015298953)
the image of the brand in Asia,
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S… Speaker 1 (audio1015298953)
I mean, mainly in Southeast Asia.
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S… Speaker 1 (audio1015298953)
we do not have enough exposure,
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S… Speaker 1 (audio1015298953)
right?
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S… Speaker 1 (audio1015298953)
So in a sense like other brands are
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S… Speaker 1 (audio1015298953)
doing more social media,
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S… Speaker 1 (audio1015298953)
more advertisement,
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S… Speaker 1 (audio1015298953)
more references and so on.
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S… Speaker 1 (audio1015298953)
So this is one of the other ones that we find that it
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S… Speaker 1 (audio1015298953)
will help that obviously if Next has more to
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S… Speaker 1 (audio1015298953)
raise the image.
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S… Speaker 1 (audio1015298953)
of the products in this area then obviously it helps because most
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S… Speaker 1 (audio1015298953)
of the time we really need to like you know people be asking where it comes from
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S… Speaker 1 (audio1015298953)
you know we have to tell them so we we feel that obviously
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S… Speaker 1 (audio1015298953)
it means that it's not enough
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S… Speaker 1 (audio1015298953)
I mean,
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S… Speaker 1 (audio1015298953)
giving an example like JBL or Electro -Voice,
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S… Speaker 1 (audio1015298953)
RCF,
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S… Speaker 1 (audio1015298953)
you know, those are the names that are very popular in Malaysia.
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S… Speaker 1 (audio1015298953)
So this is another point that I think we
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S… Speaker 1 (audio1015298953)
need to improve.
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S… Speaker 1 (audio1015298953)
We need to get the name up,
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S… Speaker 1 (audio1015298953)
which we do ourselves.
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S… Speaker 1 (audio1015298953)
Obviously,
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S… Speaker 1 (audio1015298953)
we do a little bit of promotion.
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S… Speaker 1 (audio1015298953)
on that to make sure that people know about it.
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S… Speaker 1 (audio1015298953)
And I think this is very important in order for us to build,
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S… Speaker 1 (audio1015298953)
to expand and grow the speakers.
8:16
S… Speaker 1 (audio1015298953)
So these are the two main,
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S… Speaker 1 (audio1015298953)
I think,
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S… Speaker 1 (audio1015298953)
issues or problems that
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S… Speaker 1 (audio1015298953)
I think we face.
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S… Speaker 1 (audio1015298953)
Three other,
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S… Speaker 1 (audio1015298953)
the third one,
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S… Speaker 1 (audio1015298953)
maybe we
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S… Speaker 1 (audio1015298953)
should
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S… Speaker 1 (audio1015298953)
One of the things I think we should do is really the presence
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S… Speaker 1 (audio1015298953)
of the principles.
8:41
S… Speaker 1 (audio1015298953)
Most of the brands or products that
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S… Speaker 1 (audio1015298953)
we carry,
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S… Speaker 1 (audio1015298953)
we have principles to come to
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S… Speaker 1 (audio1015298953)
do training,
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S… Speaker 1 (audio1015298953)
promotion.
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S… Speaker 1 (audio1015298953)
It's probably sometimes more effective in that sense.
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S… Speaker 1 (audio1015298953)
When principle comes,
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S… Speaker 1 (audio1015298953)
I mean,
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S… Speaker 1 (audio1015298953)
locally we can talk,
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S… Speaker 1 (audio1015298953)
we can, what do you call?
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S… Speaker 1 (audio1015298953)
lobby,
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S… Speaker 1 (audio1015298953)
you know, local SIs and end users.
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S… Speaker 1 (audio1015298953)
But sometimes I think you agree with me that
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S… Speaker 1 (audio1015298953)
the principal comes along,
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S… Speaker 1 (audio1015298953)
do the visit,
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S… Speaker 1 (audio1015298953)
then it makes a bit of difference.
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S… Speaker 1 (audio1015298953)
You know,
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S… Speaker 1 (audio1015298953)
the SIs,
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S… Speaker 1 (audio1015298953)
the installers,
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S… Speaker 1 (audio1015298953)
feels that the principal's involvement carries
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S… Speaker 1 (audio1015298953)
more weight.
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S… Speaker 1 (audio1015298953)
So I think these are three things that I think...
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S… Speaker 1 (audio1015298953)
I would see that as the issues or the problems that we need
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S… Speaker 1 (audio1015298953)
to improve.
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S… Speaker 2 (audio1015298953)
Very well.
9:41
S… Speaker 1 (audio1015298953)
I think the logistic one,
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S… Speaker 1 (audio1015298953)
obviously.
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S… Speaker 1 (audio1015298953)
The logistic one,
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S… Speaker 1 (audio1015298953)
I think, is something...
9:46
S… Speaker 1 (audio1015298953)
In fact,
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S… Speaker 1 (audio1015298953)
I was thinking that how it
9:51
S… Speaker 1 (audio1015298953)
is possible,
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S… Speaker 1 (audio1015298953)
especially for the comm,
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S… Speaker 1 (audio1015298953)
because I know that you are manufacturing them or
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S… Speaker 1 (audio1015298953)
you are building them in China.
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S… Speaker 1 (audio1015298953)
And the distance between China and Malaysia actually is very close.
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S… Speaker 1 (audio1015298953)
And there are products that
10:08
S… Speaker 1 (audio1015298953)
are probably branded by an American or European companies,
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S… Speaker 1 (audio1015298953)
but allow us to take stocks from China.
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S… Speaker 1 (audio1015298953)
Basically, it makes our products more competitive in that sense.
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S… Speaker 1 (audio1015298953)
So for the logistics,
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S… Speaker 1 (audio1015298953)
I think this is one way we could help to make the product
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S… Speaker 1 (audio1015298953)
more or less expensive.
10:29
S… Speaker 1 (audio1015298953)
Because I think you will have to factor in the logistics
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S… Speaker 1 (audio1015298953)
as well for goods coming from China to Portuguese.
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S… Speaker 1 (audio1015298953)
And then from Portuguese down,
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S… Speaker 1 (audio1015298953)
we have to go and pay,
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S… Speaker 1 (audio1015298953)
you know.
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S… Speaker 1 (audio1015298953)
And then that makes it a
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S… Speaker 1 (audio1015298953)
bit more difficult.
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S… Speaker 1 (audio1015298953)
Yeah, that's one way to look at it.
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S… Speaker 1 (audio1015298953)
So I think if there is volume
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S… Speaker 1 (audio1015298953)
and all,
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S… Speaker 1 (audio1015298953)
but it's a catch -22 situation.
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S… Speaker 1 (audio1015298953)
You want to have the volume,
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S… Speaker 1 (audio1015298953)
you also need to have a better competitive price.
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S… Speaker 1 (audio1015298953)
So it's a catch -22 situation,
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S… Speaker 1 (audio1015298953)
which I hope something can be done or look
11:06
S… Speaker 1 (audio1015298953)
into that can help us in this area.
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S… Speaker 2 (audio1015298953)
Very well,
11:13
S… Speaker 2 (audio1015298953)
very well.
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S… Speaker 2 (audio1015298953)
Very valuable,
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S… Speaker 2 (audio1015298953)
very valuable,
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S… Speaker 2 (audio1015298953)
as usual.
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S… Speaker 2 (audio1015298953)
okay so um let's go to the next question thank you
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S… Speaker 2 (audio1015298953)
so much okay okay what
11:28
S… Speaker 2 (audio1015298953)
changes would you need for double your orders in the next 12 months well
11:33
S… Speaker 1 (audio1015298953)
i think the the one that i just mentioned the few things that i just mentioned
11:37
S… Speaker 1 (audio1015298953)
uh would be uh the
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S… Speaker 1 (audio1015298953)
changes or improvement that we need to do
11:47
S… Speaker 1 (audio1015298953)
to, you know,
11:48
S… Speaker 1 (audio1015298953)
double the turnover.
11:50
S… Speaker 1 (audio1015298953)
And I think,
11:52
S… Speaker 1 (audio1015298953)
you know, Tan,
11:52
S… Speaker 1 (audio1015298953)
right?
11:53
S… Speaker 1 (audio1015298953)
I think you met Tan and also you met Albert,
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S… Speaker 2 (audio1015298953)
right?
11:56
S… Speaker 1 (audio1015298953)
So I think over the couple of years
12:00
S… Speaker 1 (audio1015298953)
now, we have more.
12:02
S… Speaker 1 (audio1015298953)
Basically, I think the confidence is much higher,
12:05
S… Speaker 2 (audio1015298953)
right,
12:05
S… Speaker 1 (audio1015298953)
in selling the Knicks.
12:07
S… Speaker 1 (audio1015298953)
And so far,
12:09
S… Speaker 1 (audio1015298953)
I think the...
12:13
S… Speaker 1 (audio1015298953)
What we hear from the ground,
12:15
S… Speaker 1 (audio1015298953)
obviously, there's no issue with the products.
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S… Speaker 1 (audio1015298953)
That's good news.
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S… Speaker 1 (audio1015298953)
I mean, we don't hear like,
12:21
S… Speaker 1 (audio1015298953)
oh, this doesn't sound right or the quality is
12:25
S… Speaker 1 (audio1015298953)
bad or something like that.
12:27
S… Speaker 1 (audio1015298953)
So far,
12:28
S… Speaker 1 (audio1015298953)
I think it's just that,
12:30
S… Speaker 1 (audio1015298953)
you know...
12:32
S… Speaker 1 (audio1015298953)
What we can do to improve,
12:33
S… Speaker 1 (audio1015298953)
but not so much about the problems with the quality of
12:38
S… Speaker 1 (audio1015298953)
the products or the performance.
12:39
S… Speaker 1 (audio1015298953)
So we are not getting that kind of pushback.
12:41
S… Speaker 1 (audio1015298953)
It is all like,
12:42
S… Speaker 1 (audio1015298953)
yeah, you know.
12:43
S… Speaker 1 (audio1015298953)
So I think if we can improve
12:47
S… Speaker 1 (audio1015298953)
this,
12:48
S… Speaker 1 (audio1015298953)
then I think the confidence of,
12:51
S… Speaker 1 (audio1015298953)
you know, if we can give more better
12:56
S… Speaker 1 (audio1015298953)
solutions that I mentioned in the past.
12:59
S… Speaker 1 (audio1015298953)
It will help the salespeople to have more confidence to
13:04
S… Speaker 1 (audio1015298953)
push even further.
13:05
S… Speaker 1 (audio1015298953)
That will obviously again help to increase the orders.
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S… Speaker 2 (audio1015298953)
Very well.
13:12
S… Speaker 2 (audio1015298953)
Very well.
13:13
S… Speaker 2 (audio1015298953)
Sounds good.
13:14
S… Speaker 2 (audio1015298953)
So let's do the last question.
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S… Speaker 2 (audio1015298953)
I suppose it is.
13:19
S… Speaker 1 (audio1015298953)
Okay.
13:21
S… Speaker 2 (audio1015298953)
Is there anything I haven't asked you yet
13:26
S… Speaker 2 (audio1015298953)
that you think is important for me to know?
13:28
S… Speaker 2 (audio1015298953)
Product gaps or...
13:31
S… Speaker 2 (audio1015298953)
So, or something else,
13:33
S… Speaker 2 (audio1015298953)
or whatever you might have inside of
13:37
S… Speaker 2 (audio1015298953)
your head and you want to say.
13:41
S… Speaker 2 (audio1015298953)
So
13:47
S… Speaker 1 (audio1015298953)
far, I think,
13:48
S… Speaker 1 (audio1015298953)
yeah,
13:50
S… Speaker 1 (audio1015298953)
I think
13:55
S… Speaker 1 (audio1015298953)
the key is really
13:59
S… Speaker 1 (audio1015298953)
getting more support
14:06
S… Speaker 1 (audio1015298953)
from Knicks,
14:08
S… Speaker 1 (audio1015298953)
I guess.
14:08
S… Speaker 1 (audio1015298953)
What kind of support do you think of?
14:12
S… Speaker 1 (audio1015298953)
to help us basically to bring the image of Next
14:16
S… Speaker 1 (audio1015298953)
one more level higher.
14:18
S… Speaker 1 (audio1015298953)
Yeah.
14:19
S… Speaker 1 (audio1015298953)
I think that is,
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S… Speaker 1 (audio1015298953)
if Next can look into that sectors,
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S… Speaker 1 (audio1015298953)
I think it will help us a
14:30
S… Speaker 1 (audio1015298953)
lot. Yeah.
14:31
S… Speaker 1 (audio1015298953)
I think that's the only one I think so far that,
14:34
S… Speaker 1 (audio1015298953)
you know, I hear from the customers,
14:36
S… Speaker 1 (audio1015298953)
hey,
14:37
S… Speaker 1 (audio1015298953)
this brand,
14:38
S… Speaker 1 (audio1015298953)
you know,
14:39
S… Speaker 1 (audio1015298953)
we need to explain where it comes from.
14:42
S… Speaker 1 (audio1015298953)
And then we have to build references,
14:44
S… Speaker 1 (audio1015298953)
you know, pick from your website,
14:46
S… Speaker 1 (audio1015298953)
you know,
14:48
S… Speaker 1 (audio1015298953)
Google and get information and try to,
14:51
S… Speaker 1 (audio1015298953)
you know,
14:52
S… Speaker 1 (audio1015298953)
promote and sell to the customers.
14:56
S… Speaker 1 (audio1015298953)
So I think that will be really the key in
15:00
S… Speaker 1 (audio1015298953)
what Nix can do.
15:03
S… Speaker 1 (audio1015298953)
Yeah.
15:03
S… Speaker 2 (audio1015298953)
So I
15:07
S… Speaker 1 (audio1015298953)
hope I answer all your questions.
15:11
S… Speaker 2 (audio1015298953)
everything everything perfect uh everything
15:15
S… Speaker 2 (audio1015298953)
perfect so um i really we really appreciate uh
15:20
S… Speaker 2 (audio1015298953)
your honesty and uh as as i know
15:24
S… Speaker 2 (audio1015298953)
you we could yeah i could not expect anything else um
15:29
S… Speaker 1 (audio1015298953)
and
15:31
S… Speaker 2 (audio1015298953)
And so I will stop right now recording.
15:34
S… Speaker 2 (audio1015298953)
This will be a tool that we will use
15:38
S… Speaker 2 (audio1015298953)
to do the proper diagnosis.
15:42
S… Speaker 2 (audio1015298953)
And after that,
15:44
S… Speaker 2 (audio1015298953)
we will work on an action plan and we will share with you.
15:48
S… Speaker 2 (audio1015298953)
Okay.
15:49
S… Speaker 2 (audio1015298953)
So I'm stopping recording it right now.
15:53
S… Speaker 1 (audio1015298953)
Okay?
15:54
S… Speaker 2 (audio1015298953)
Okay.
15:55
S… Speaker 1 (audio1015298953)
Thank you.

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