RE:Hey fellas, Welcome to the board @Robbabluey. This is worth the watch if you haven't seen it yet, it's the most recent interview with CEO Doug Dyment: https://m.youtube.com/watch?v=YXRDAvml8OE
News/ dates:
-Q2 due by April 29 - Q2 ending this month. Saying that Q1 and Q2 have been known to be the weakest quarters so it is recommended to focus on the entire year, as suggested by DD in the interview. Q4 for this company is the end of august with Q4 financials released between oct -dec)
- SEPTA announced a $30,000,000 contract that is currently up for bid. These contracts are generally approved by the board members before being finalized - next board meeting being Feb 25th. Keep in mind we have been waiting for the contract winner to be announced since September of last year.
- Waiting on other new potential contracts that were mentioned in recent interviews by CEO Doug dyment interviews and BNN's Robert McWhirter: New York, Toronto, Sanfransico, Dubai, Australia (comments by DD on international interest, as per interview, suggested overseas contracts would be focused on at a later date and would most likely consist of a partnership in those countries.
I am not a securities broker, but in my opinion a comfortable share price in .6 to 1year is $1.80 to $2.40. We could go much higher if awarded mutiple contracts, but the timing is also unknown which adds to the fun of this investment.
This company has explosive potential when considering growth rate, anticipated margin increases (growing from hardware [40% margin to cloud based software/data management 50-100% margin]),growing product line, (ITSS, Lane infraction, ect. is going to be a significant upside), potential government funding would accelerate sales, media/analyst coverage will boost this company forward, all lead by management that has been here since day 1 whom also has their own money invested and has been part of a buyout (Silent Witness bought out by Honeywell).
I apologize to all the longs for sounding like a broken record. If I missed anything please add.
A lot of us have been here for along time accumulating along the way. (Some of us up as much as 1000% on early purchases) I say this so that you know that we may be wrong in our projections for the company, but at least you know you are being given honest answers.
Cheers everyone, very excited to be a part of this.