GREY:MGORF - Post by User
Post by
shawshankon Dec 29, 2015 2:32pm
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Post# 24417287
$1/2million record order backlog for Aerus product/service
$1/2million record order backlog for Aerus product/service
Well I see the clowns have arrived to the intelligent discussion mertis of this thread lol...was expected-as was some psuedo bashing.
MCC is not a johnny come lately-its was in the development shute for a pretty good period of time as the brainchild creation of Sir Terry Mathews BOD Chairman who ran NewBridge Networks the TSE heavyweight bellweather right up there on market cap with Nortel at one time in the late 90's before Sir Terry did the prudent thing and sold Newbridge to Telcom Giant Alcatel for $7.1Billion Big Ones.
It also was generating good sales when it only had its Cloud Aerus product/service application and had already secured governement repeat contracts in the Middle East and with the GOC...it was government organizations and agenceis and ministries that worked WITH Magor in their Aerus Windows based product service to meet specific government needs and standards (see previous MCC release in early 2015 regarding hitting government standardization protocols) and we are just starting to see the tip of the fruits of labor yielding results in that product development endavour which necessitated Magor last year spending cash and time on RandD-something in the tech space for any prospective sector leader remains an ongoing thing and I can tell you personally that Magors RandD arm is working with the GOC in their just announced paid for large trial that should conclude and yield results in early (read Jan-Feb 2016) and the GOC is ALREADY one of thee largest serve and service contracts for Magor currently as it is...so when you are already not just with a foot in the government of canada door but your entire leg is thru and the GOC is inviting you to bring more of your corporate body to their dinner table of unmet needs?
Chances are your gonna do pretty darn good in the short to mid term and possibly really great in the long term as your product and company can use their success at the domestic government level with ultra high and strict security and operational protocols that have to be met and use that success in rolling out product and service to non domestic government entities and they already have established a beach head with their large middle eastern government repeat customer who were early adopters of Aerus when it was still with just the Cloud applicaiton-and now has rolled out Aerus Windows as well.
The state of Texas were very interested in what Aerus could offer in border security without
a fixed wall on their southern border like what Trump is proposing...that was prior to Windows Aerus being developed and now just commercially rolled out...there are still beta trails involved to procure a sale and service agreement but the trade off is because your dealing with government bodies or agencies or dept's?
Cash on the barrell head within the accounts receivable limit is guaranteed...no chasing delinquent fliers etc etc...and the other one off is tho the time to procure contracts is lengthy once secured the contracts run for like an eternity- read long in nature-...as well.
So we already have disclosed by Magor in latest news releases a back order of $1/2million dollars-established contracts from prior sales announced with governement agencies still sending in a monthly recurring revenue stream from the long term service agreements with their customer base and originally they had more of a hardware model and morphed to more on the recurring revenue end of things (service and software) thru the Magor recurring revenue model they adopted...so as that model gains traction that recurring revenue along with new contract wins announced...see that monthly steady recurring revenue stream drop right to Magors bottom line as that recurring revenue is accretive and sequential.
The geopolitical climate centered around covering vast distance and time related to national and regional and even local security concerns IMO? has never been more receptive and ripe for what Magor can offer thru scaleable video bridgeless interoperability at a cost effective base for robust technology no one else in this sector currently can offer by comparison.
Some will see .20 per share as to high...when others saw .02 as the end.
Some at $2 valuations should that be reached some day.. will stay the same only the markers will have changed.
In the end it will be company execution-product demand-investor expectaions-and the sector opportunity based on many factors of influence that will determine where this thing flies and at some point with to much success I expect Terry Mathews and Mike Pascoe both from Newbridge Networks fame...as creator and BOD Chairman and Pascoe as the CEO respectively-will exercise their exit plan and sell Magor to a large sector player...just like they did with Newbridge Networks to Alcatel for $7.1 billion big ones.
WIll it be $7.1 Billion?
More than likely not.
But could it be eventually $710Million (equates to $14 per share) or $71million (equates to $1.40 per share?
Sure...why not...so lets see what 2016 brings in product progess and what happens looking forward to Aeurs and Magor developments as they come.
PS I expect a PP at .15 or greater will be in the cards.
SS