RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Does LTE have a moat?We don't know what we are going to do in the UK yet but if we are successful I think it could be a launching pad for much more growth. I suggest this is one item that backwardblade might have put down (sorry for nitpicking!)
There is a big problem with using actual revenues and % relationships such as cost of sales as a base for future forecasting or in our case speculating future results. LTE's growth is not just not linear it is kind of all over the place, because its driven by opportunity that can pop out of anywhere. Six or seven months ago UK expansion and the MAJOR impact that would have wasn't even known! Look at how it is transforming us ($20m raise and street coverage, etc.)
I don't know what backwardblade meant by Norwood's nos. being spot on, fundamentally. You mean his actuals (or base) are arithmetically correct, I agree but as a basis for forecasting when the business is changing so much, they are NOT "spot on, fundamentally"! I've repeated myself too much on this already.
I quite like backwardblade's description of what LTE brings to the table, aka they are very good ditch diggers, lol! Well they do much, much more than that but I think he did a pretty good job in making the point: these guys deliver. A success in the UK will be more than just a notch that stretches back 15 years plus or minus. It will make a powerful resume for subsequent tenders, a microtrenching that have conduit it in the ground and proven over the test of time.
Norwood should just accept they are leaders in the space. At $1m in revenues how can you say that? Embillishment? No, in fact there really wasn't much of a space. It is unbelieveable how long it took to get accepted. They are doing much more to establish and create this space than people give them credit for. It is being established as a legitimate process now. Even a few months ago GF was putting out articles talking about this new process called microtrenching. LOL.
I think Contact Finanical does an excellent job. Anyone can call and they are very responsilve. My impression is that they are "plugged in" and LTE would have to pay much more to get an equivialent level of expertise working exclusively for the co. And besides its crazy early days still - $1m in sales in 15; $12 million in 16 and you want to hire a FT IR rep? Or to have one of the two Mikes doing it? These guys are working their axx off as it is. Let's make sure we are building the co. first Then when there's something to really talk about (which we hope is soon) lets ramp up getting the message out and driving Norwood around the bend, LOL.
I liked that backwardblade put some nos down. Gutsy! I honestly have not even thought about 2017 revenues! I'm simply sititing patiently watiting for co. guidance and news, as well as more street coverage.
GLTA