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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 Norwood66on Aug 30, 2017 1:42pm
163 Views
Post# 26638123

RE:RE:RE:RE:RE:RE:RE:RE:Update is out and very impressive, Q3 as expected.

RE:RE:RE:RE:RE:RE:RE:RE:Update is out and very impressive, Q3 as expected.Don't be a believer in anything an investment bank or broker says. Their research is biased and meant to lead to investment banking services or brokerage fees.

They couldn't care less about LTE unless they are 1) generating investment banking fees, or 2) retail trading fees. 

Anyone who thinks differently, doesn't know the purpose of these firms.

If Haywood or anyone else knows something material that anyone else doesn't, it is an illegal practice. It happens, but reputable companies won't stake their future success by disclosing material events.

LTE's results aren't good, their product margins are getting smaller, and the construction margins are negative. You can try to spin this positively, but they are going to have to prove themselves. That is your only hope - that they get a good contract to put all those people and expenses to work! $2.5M of negative cash flow per Q, won't last long.
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