RE:Mobile Antenna (On the Move) will start production soonMarch 23, 2015 (SOON?)
"Company is also developing leading edge patentable technologies for the on- the move satellite market, the first one of which will be launched in 2015."
So another year has come and gone and we are sitting with 20mm cash in the bank, a 5% divi, a trailing EPS of 0.06, and wait for it, a share price of 1.00 .
It would be a miracle if 4th quarter earnings were the same as last year even with the 25% premium on the CAD. I will be amazed if we have a annual earnings of 0.06 cents.
I have been looking forward to increased sales and rising share price for 2 years, why would this earnings realease be any different? I sold all shares after the last 1 cent quarter at a loss of 70cents/share. It has dropped another 20cents since.
My prediction is earnings come in at .0.01 for the quarter, 0.05 for the year and stock price is going to 70's.
Maybe I would get back in if all these amazing deals and partnerships they've been talking about for the last 3 years had an impact on their earnings. BUT they havnt yet and until c-com can up their game and prove they have a growing momentum this share price is going to keep dwindling away like it has the last 2 years.
I am sure I am not the only one who feels this way.
GLTA if you still own.