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Lite Access Technologies Inc V.LTE

Lite Access Technologies Inc. provides fiber optic products and advanced installation methodologies. The Company offers integrated solutions for all types of telecom requirements. Beginning with a comprehensive project analysis to engineering, design and permitting, it offers a full complement of aerial and underground construction methodologies, including splicing, testing and maintenance. The Company's segments include product sales and fiber optic installations, based on the type of products sold and services provided. Its products include Direct Bury, Aerial Micro-Duct and Fiber Optic Mini-Cables. Its additional products also include fiber-optic cable, aerial micro-duct, low fire hazard micro-ducts, connectors and sundries. Its items include a cutting head, Shark Blades and the LiteXtend solution. Its end-users include homes, businesses, government and educational institutions, and emergency response facilities. It also offers breeze cable blowing machine and cutting equipment.


TSXV:LTE - Post by User

Comment by Backwardbladeon Jun 01, 2017 9:17am
153 Views
Post# 26310210

RE:RE:RE:There are no reasonable target prices for LTE over $2....

RE:RE:RE:There are no reasonable target prices for LTE over $2....I will answer your questions backwards.

1) Virgin, and other large providers, in the U.K. are already having problems with present "diggers" in getting things done.  Virgin has already fired a few middle and upper level management positions for under delivering.  

2) To answer your question, what are the odds of this little company working directly for Virgin on long term contract?.... Well that is the whole reason for investing in the company in the first place isn't it.  If you don't believe this will happen, don't buy.   This isn't a sure thing by any means.  And if it was the stock price would be much much higher.  

-The arguments for, and against, investing in this stock are both valid.  It is the value you place on each, and the summation of the totals which would dictate your level of investment.  

Long NG term growth prospects for this company are very good. But short term volatility is extreme because the market has tied the stock price to just the U.K.  If you don't think LTE will garner any substantial work in the U.K. in the next 6 months-year, don't buy it. 
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