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NTG Clarity Networks Inc V.NCI

Alternate Symbol(s):  NYWKF

NTG Clarity Networks Inc. is engaged in providing networking solutions. The Company provides telecommunications engineering, information technology, networking, and related software solutions. It operates through two segments: Canadian segment and Egypt segment. The Canadian segment is made up of activities in Canada and its offices in Saudi Arabia and Oman. The Egypt segment is its software development group and also provides professional services, offshoring services and network services to customers in Egypt. It focuses on commercial off the shelf products, serving multitude of industries, covering enterprise management solution via its flagship StageEM Enterprise Management, NTS-Billing, NTS-Inventory Management and Control, NTS-Workflow Management, NTS-Partner Relationship Management. It also provides end-to-end services including customized solutions development, such as software, Web, applications, systems integration, testing as a service (TaaS), outsourcing, and consulting.


TSXV:NCI - Post by User

Post by deepoil0808on Aug 16, 2024 3:19pm
125 Views
Post# 36183197

Margin Revision with be 25% to 30%

Margin Revision with be 25% to 30%The current margins are 20% and management stated that business is very strong and there are getting margins that are exceeding 20% regularly.

Therefore they will UPGRADE the margins.

I think 25% to 30% levels.     

They are dealing in very wealthy Arab countries who do not care about paying high margins, they care about the professional work.

In Canada if you deposit $ 10 million, it will raise red flags.   In this particular Arab country $ 10 million in pocket change.

I had a friend who had visited this country and he went with $ 10 million in funds, to buy property.   No one was interested in meeting him as minimum bid were $ 100 million.   The amount of $ 10 million was just too small.

All to say, that NCI is in the HIGH MARGIN business until 2030 by operating in that country.

Those who sold at $ 1.50 will be buying back at $ 2.50 soon enough.

Good Luck, 


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