I don't get this forum anymore.Everyone slaps each other on the back because Sirit is the only one that bid on the Bata contract again ! Heck they have had California for YEARS and that has been the the main revenue stream for all those years, so what's the big deal on getting another contract for tags?
Then when one voice that seems to reasonably question managements business model speaks his mind (although I'll agree its annoying to hear the same thing over and over) people slag him and put him on ignore.
Hasn't anyone realized that investors don't give a rats arse about Sirit ? The PPS is pathetic and the volume even more pathetic. The broader tech industry is doing well yet Sirit doesn't do squat! Even RFD has better support and they are loosing money hand over fist on a one trick pony.
Something is wrong here people!! And it is Norbert and his management team that are responsible for the anemic share price and total lack of interest in Sirit!
Sirit is doing ok in the sales department yet we still can not attract buyers for the shares even though Sirit is no longer loosing tonnes of cash each Qtr !! That has to tell use something isn't right in this whole scenario ! I'm not about to guess what it is because I don't know, but I do know it is managements job to provide share holder value and they just are not doing so. Remember the market is ALWAYS right and thus that tells me Norbert and company are doing something wrong, plain and simple. Or is this their plan?
I've been around for a lot of years now hoping the downward trend would end, but I'm tired of the current management teams ineptness at making a dollar.
Yes Sirit has a tonne of potential, but why isn't the market taking note of it? Any idiot can say that when sales rise and we hit the big one the share price will follow. It takes a good CEO to take the bull by the horns when that isn't happening and use the resources at hand to show share holders he can manage the company under current conditions.
John