GREY:SYXXF - Post by User
Comment by
thetechtrollon May 10, 2016 2:33am
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Post# 24856668
RE:Cautious Optimism
RE:Cautious OptimismAs many would say, Hope is not a Strategy.
The principle market for this technolgy is Gas, not oil imho. Could be wrong. Describe the application of their installed customer base, and prospects in the pipeline. In fact, the board & mgt should be able to describe this in one breath.
Gas has been in the tank for years now.
Regulatory compliance is increasing, as is the age of many a pipeline, along with declining infrastructure quality. You'd think this would increase demand, yet it has not. As a brand, SYD is not preferable to other technology and other brand offerings.
This market has spoken.
As for waiting for demand to improve along with the price of oil, please consider historical demand at $10 increments from here, Start at $50USD and progress to the probable average Oil price for the next 5 years. Some say $60 others $80. Then look at sales rev for this stock at each breakpoint, and describe their prospects for success at each level. What do you see?
Get some details on whats in the R&D pipeline. Describe what you see. In what way is the R&D pipeline accretive to the Future Value (FV) of this equity?
Add to that the reality that newer more cost effective tech is coming on steam (it never ends does it?). Take the tax loss and stick a fork in them, they're done. As for PVE and gang, running a tech company using commodity control principles is a recipe for disaster. You cannot put a fence around tech and try to control supply as with commodities.
This is not a problem of my making. I simply dislike the arrogance and indifference of people working at stockholder expense, whose incompetence destroys shareholder value. Check the stock price since he took over.
And unlike Leicester, you can't get 5000 - 1 on this mutt.