GREY:MGORF - Post Discussion
Post by
shawshank on Dec 03, 2015 2:27pm
Windows app/Aerus Cloud Client-valuations very low
Called an investor friend in S. Ont. Not sure if accurate or not as its origins are investor based vs company originated. Apparently a number of initiatives that as most know been long in the shute with windows based client interest/good product feedback (larger than Aerus Cloud) I expect the windows app will be a large driver for their business line into 2016 and beyond if execution comes together with interest as anticipated. Bare in mind while Magor Corp was developing its Windows RandD it still had to support and service the cloud services.
Me thinks the client to be a major driver will be same key client in the past with the cloud based Aerus technology-that being the Government of Canada as announced in previous NR's for repeat or expanded contract orders for product and services. Election is over-cabinet ministers in place-Liberal election promises for expenditures will have to be honored-IMO this will be bullish for Major going forward given its first mover status
with the GOC already established.
To me .025 ask is very cheap given its already driving revenues on a recurring revenue model that supports it thru any downturn in the economy or thru developing apps for an established client base already or driving new customers to their video collaboration model and with a need for security apps now more than ever-Can see this thing getting some long over due traction.
Its been along time coming and very overdue.
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