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Fingers crossed we get the numbers to prove the rollout is going well soon mate, Lenovo's press release was definitely indicating we should expect good things through the highlights and focus on our area :-)
https://investor.lenovo.com/en/financial/results/press_2021_q1.pdf
LENOVO DELIVERS OUTSTANDING Q1 PERFORMANCE AND STRONG GROWTH, OVERCOMING CHALLENGING GLOBAL ENVIRONMENT
? Group revenue up by almost 7% year-on-year to US$13.3 billion
? Pre-tax income (PTI) of US$332 million, up 38% year-on-year
? Net income up 31% year-on-year to US$213 million
? Software and services revenue* grew 38% year-on-year, to more than US$1 billion – now accounting for around 7.6% of Group revenue
“Our outstanding performance last quarter proves that Lenovo has quickly regained momentum from the impact of the pandemic and is capturing the new opportunities emerging from remote working, education and accelerated digitalization,” said Yang Yuanqing, Lenovo Chairman and CEO. “While the world continues to face challenges, Lenovo is focused on delivering sustainable growth through our core businesses as well as the new services and solutions opportunities presented by our service-led intelligent transformation.”
Dips, I agree, the Lenovo numbers are a big clue that point to Dev reporting positive numbers in the near future.
The two 1.5m and the two 1.53m after the close look like rollovers...don`t have a clue what its all about but they show all the signs.
Strange trading patterns lately....somebody knows whats going on I suppose....just not me!
LOL a while since i heard that one, the positivity around the EdTech sector isn't going anywhere :-)
The unfortunate circumstances caused by covid will only create more market demand for Dev than anticipated going into the next few years - we're not very mainstream as such when it comes to investors bar the ones looking a bit further ahead at what may emerge stronger in the post covid world in the tech sector.
As far as I'm concerned this was and still is the perfect time to get into Dev, where its been possible to get a buy a decent volume cheaply while they have commenced on a global rollout with strong partnerships. Lenovo's latest results do indicate that we can expect some good results in relation to the rollout........ ;-))
I don't want to be seen as ramping - everyone should DYOR as always and make their own mind up.
Another 2 large sells showing..2 X 1.5m..not helping us at the minute.
It's a shame because there's a lot of positivity around the edtech sector,Lenovo and Dev. It's a bit like shoveling custard with a pitch fork at the moment! GLA.