MDA Space Ltd T.MDA

Bought some MDA before merging with maxr ..

[JTDOUBLE]

Got bought out last week for 53 USD , sold mine at 70.30 .. long 5 years yet i was buying at around 6 bucks .. so it was worth the wait .. 

buying Mda with proceed slowly accumulating here .. hope for a least 5k shares .. 2k shares so far 3k to go..

[zack50]

Congrats on your great buy and sell... taking a position in the $5 - $6 range and selling @ $70.30 is indeed a great gain. I too had taken an earlier positon in MAXR but it was in the $19 - $20 range and divested at $70.54... good but not as good as your investment, lol... but I'm happy with the profit. I also have a position in MDA and agree with you that this company has great potential

[JTDOUBLE]

  well said Zack as always ... what do you think about the 1.4 billion backlog in contracts it seems the keep increasing the these backlog every quarters .. do you think these contract will materialize as revenues given time or they still have issues with logistics and parts procurement..  Out of these 1.4 billion would they a least materialize these contracts by 2023-24 ??

[zack50]

I  believe that MDA's backlog of $1.4B (Q3/22) is certainly healthy and a good indication of future revenue trends. Obviously, Q4/22 which should be available around mid-March/23, will give us more clarity on the outlook for '23 and possibly '24. Analyst reports indicate that MDA revenue estimate for 2023 should be in the vicinity of $780M which would be up from the suggested