what will move the share price?Stock price was .63 about a month before the CC. The price rose to .80 over that time even though there had not been a news release since June 7.
As usual, the price didn't really move (either way) on the financial "news". I have monitored this in the past and can only recall the rare occasion when the financials and CC caused the share price to actually move.
So, I am wondering what will move the share price up a notch to, say, $1.00?
We have about three months before the next financials are released - will the share price build gradually until then? Perhaps go higher during this time, or rise at a faster rate?
Generally speaking, in periods of no news, a company's share price has a tendency to weaken.
Will there be news releases about Frontier, Westjet, SITA, Swoop, ECCC, COMAC? Or about sales of the Edge (5G), Edge+ (WQAR), or AFIRS SatCOM? How about news on the wireless data loading product being developed with MBS? Or about the details on the remainder of the UK MET Office WVSS-II order (aside from Logan Air)? Of all these items, which one is likely to have the most impact?
Management has stated: "Sales pipeline includes (more than) 15 prospects of $7m or greater." What might these be and what are the chances that any of these prospects will be realized? And if any are, what kind of difference might that make?
Can Flyht reach the $7M in quarterly revenue it seems to need to break even? With the new sales people and their activities, and with the world opening up again to travel post-COVID, will the cost of sales increase to a point that more than $7M per quarter will be needed? I believe BT stated in the CC something to the effect that the sales force now assembled is "complete", but it has definitely grown.
KRC maintained their share price target of $2.50 back in May. If this target is for Q2 2023, at what rate will the share price rise to get there? Rising 20 cents a quarter would not be fast enough. Are we looking to see the share price rise 40-45 cents per quarter on average, or rise exponentially instead - something like +.10, +.20, +40, +.80 per quarter?
KRC's predicted revenue is down by about $1.2M in Q2 to start, with unrevised targets of $8.3M for Q3 and $8.0M for Q4.
Do we need a profitable quarter to move the share price significantly,? If we get it, what kind of gain can we expect?
If Flyht manages to have a profitable year, where might the share price end up?
I see a bid of $0.80 and an ask of $0.83 at end-of-day.