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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 Ventor12on Jul 02, 2020 4:22pm
178 Views
Post# 31217816

RE:RE:RE:RE:RE:RE:RE:James West Interview

RE:RE:RE:RE:RE:RE:RE:James West InterviewIn 2016 their net income margins were over 10%, nothing that is stopping them from delivering similar results now as Cityfibre needs them as much as they need cityfibre. They will deliver on their backlog over the next 2 years so their revenues will be significantly lower then $50 million, but you should understand that the market is pricing this company of what they will do in the future and not today. Nothing is stopping this company for growing their backlog even more. You were obviously wrong back in 2015 when you called for $0.25, when your target didn't hit that before 2019, and it went to $3.7 before that. But my questions still stands, if you hate this company so much, why bother following it? 
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