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Mitec Technologies V.MTMH

"Mitec Technologies Inc exited the telecom and satellite communications area in 2012 and is exploring interesting opportunities in other areas."


TSXV:MTMH - Post by User

Bullboard Posts
Post by stockbroker4on Jun 27, 2005 5:52pm
237 Views
Post# 9215422

Contracts mean nothing

Contracts mean nothingif there is no profit. I used to own Bombardier which I sold at a loss. This company gets orders almost every day, and yet, the shareprice keeps sinking. Why is that? Obviously, profit margins are extremely thin. My suspiction is that it is the same with Mitec. How much profit on that 50mil LOI, if it ever materializes? Watching this one very closely!
Bullboard Posts