GREY:TZWLF - Post by User
Post by
freakinidioton Nov 16, 2010 6:38am
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Post# 17711034
Highlights of Conference call
Highlights of Conference callPositive comments
*India ramping up as all formalities with Tier 1 operator required to start deploying has been achieved
*Indonesia also ramping up as Govt is pushing all the spectrum winners to start deploying or else lose their spectrum
*Tranzeo decided to open a marketing office in Indonesia and hired a former nortel marketing person.
*Malaysia just auctioned 2.3/2.6 spectrum and expecting nation wide deployment soon. Tranzeo active in getting some orders in malaysia
*Few orders expected from china very soon
*Kuwait deployment to start in 2011
*Tranzeo's presence in spain by winning PO for 4 million recently
*No guidance will be provided until end of Q4
*30.6 Million back log as of 11/12/10
*No bad debts or running out of cash
*Operating expenses is already adjusted. If tranzeo show revenue of 5.3 Million for Q4, it will achieve break even
*Winning of second order from Tier 1 operator in India. Paperwork in process and will be announced pretty soon. This time name of the company will be announced
Negative comments
*Target for Q3 and Q4 pushed to 2011 due to delays in shipping orders in India and Indonesia
*Achieved 2.1 million for Q3 against guidance of 8 million for break even
Conclusion
Stock might hit a new low as Q3 results were worst then expected. Revenue was lower then canacord analyst expectations of 6.1 million, It also beat my analysis of Fiscal year 2010 revenue expectation.