TSXV:KUR.H - Post by User
Comment by
TEC159on Jun 29, 1999 5:10pm
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Post# 901166
RE: PCS vs UBS
RE: PCS vs UBSI was there at the PCS era. Big difference with UBS. I strongly beleive that UBS is not releasing due to agreements with major contractors. In the PCS era they were posting hype for the sake of promo. If you notice, IMHO, UBS is almost trying to do the opposite as if they are trying to "keep" the stock depressed until they are ready to really push it. I was at the last annual shareholders meeting. Even then they were fairly secretive about their agendas. The old PCS would be pushing you know what until the cows come home.
If I was CDRD I would not advertise that some small company in Canada is providing the "back bone " to a 200 million dollar company. This might scare off potential investors. There is enough risk as it is concerning the satelite launching as it is. A minimum of two satelites is required for their system to operate. Mind you Loral who will be lauching the satelites announced that they have recently lauched their sixth consecutive successful launch. Hopefully January will also be a good month for Loral.
The "KEY" will be the next quarter report supposedly due out at the end of July. These numbers will dictate what UBS is working on that has not been disclosed. Numbers do not lie. It is my opinion that these numbers will be great. I expect to see both revenues and expences up. I do not expect great earnings. If you see these numbers you do not need news releases. Lets face it by the time the releases are out its too late to buy.
The key events will be IMHO:
1. UBS Next Quarter report.
2. The successful launching of the first satelite for CDRD.
3. NASDAQ or TSE listing
4. THe successful launching of the 2nd and third satelite.
Mind you this is all dependent on UBS having a "strong" relationship with CDRD. Unfortunately I am not one that is priledge to have such info.
I welcome any comments "for or against" my analysis.