GREY:ISYRF - Post by User
Post by
esprit1on Nov 15, 2018 1:02pm
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Post# 28980979
Hard to know
Hard to know
If Bay Street is apathetic, or antagonistic to ITC. Investors certainly look for undervalued assets, and arguably ITC is undervalued. However, the fact that there were no callers on the CC of any sort, and there is very little activity post earnings, says that there is a certain amount of apathy/ignorance by investors. Or maybe a bit of wait and see. ITC has had zero success in attracting coverage or investor interest. That responsibility is theirs and theirs alone, and they continue to fail at it. Decent quarter and I am pleased to see actual EPS again - but not thrilled with negative Q over Q numbers - down 5%. Nice to see some bigger deals, but at this point they should be the rule and not the exception. It seems - from the outside looking in - that ITC has not managed to leverage the relationship it has with Qualcomm to any great degree. I had anticipated that ITC would pick up a lot more business as a result of that relationship -business too small for Qualcomm but plenty big for a player the size of ITC. Fingers crossed that we will see Q4 revenues of over 7 million and EPS of 3 cents. That would send a message.