RE: Well..the push seems to be on?
Barring any major set backs in the world economy, we could see a steady rise in volumn and interest as we move towards 2010. Adeptron increased its revenue and earning significantly during the worst recession in generations. What could it do when the world economy and demand start to pick up sharply in the next year or two? The last few years have made the company highly disciplined and focussed, and they have quietly been optimizing their operations, putting in place a solid strategic plan and building their capabilities and partnerships. The company is better positioned than many of its competitors to capitalize on renewed demand. The very fact that they are getting contracts from large OEMs points to the level that Adeptron is trusted in the industry.
I just noticed that their company presentations have been updated recently. I guess that they have been presenting their story to institutional investors in the last while, and will probably continue to do so as the year progresses. At some point, we have to get some kind of coverage. It might be the case that institutional investors are waiting on the sidelines now, and will start to get in when they see the volumn and interest grow.
I am really curious what 2010-2011 might bring. Late last year Adeptron announced a contract for a new large customer. I think the starting amount was 10-15 million a year. In the press release, Adeptron mentioned that the contract for that customer could grow significantly. Given that it is a sizable contract already, how much could it potentially grow? Also, the recently announced contracts with large OEMs could have the potential to grow significantly as well. What if they all start to grow in 2010? What could that mean for Adeptron's potential growth next year. By the way, it is only mid-year. Adeptron is focussed on building more customer relationships like this right now, and we might see a stream of such contracts moving forward.
Having said that, the Canadian dollar might become a road block. The world economy is also still very shaky and there could be many stumbling blocks ahead. I just hope we can continue to see gradual recovery and that Adeptron can finally have smooth sailing going forward.