OTCQX:HEOFF - Post by User
Comment by
Xtrykr0on Apr 12, 2018 2:22pm
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Post# 27874949
RE:RE:RE:Collapsing !
RE:RE:RE:Collapsing !You bring up good points. With the latest news release, it appears that H2O is looking at modernizing their tech, turbocharging it with IoT. How well this implements together, and whether or not its something that can be capitalized immediately is yet to be determined. This likely goes beyond IoT, and more so into big data, analytics, and intelligence, which is a big deal these days.
Based on the latest NR, your comments (its true, it wouldn't make much sense for this to be trading well below the book value of $1.00), I'm going to renege on my previous comment that this will plummet to $0.60.
I could see some near-term relief back to the $1.25-$1.30 in the next month or so.
One thing that could really give this company a boost is if they can address the evergrowing sales backlog - it's great they are winning contracts, but they aren't delivering on time - a lot of their sales backlog is years behind.
Like you said, gotta start making profit.