Obviously share price is copping it hard lately, and things are looking quite dire. That being said, there are certainly a few things that are in the works which gives some strong hope to the underlying business, nevermind the fact they are banking cash every quarter, and we are approaching what is usually a strong period of OOH advertising.
1.) India trial will go live very shortly for 6 months which will involve 4 screens to test the viability of these screens. TDI and Delhi I'm sure are obviously keen to transition from static to digital advertising and smash out a heaps of these screens across these networks, but seeing as XTD bears all of the capex risk, it's in their best interest to be sensible and "test the waters." Entering a new geography, let alone one such as India is always new, so I think it's good they're mitigating the risk by going slow. Huge opportunity, no question about it.
2.) Looks like they had a pretty successful time at Innotrans in Berlin. It could be nothing, although it looks like they may be speaking to Exterion, particularly in the Northern UK, if this video is anything to go by...
Exterion are a massive company, and this would be a great one to land. Have to ask, why would they publicly post this if it didn't mean a discussion?
3.) XTD own 45% of Contact Light which has Embark, and after a successful pilot in Brisbane on XTD screens along with APN, you'd expect newsflow to be quite strong. If APN like what they saw, it could be a real good commercial opportunity, even beyond rail screens - especially since APN took out Adshel
Just some musings. Not all doom and gloom here. It would be great if management came out with a company update or the like, but we'll have to wait and see
XTD Price at posting:
12.5¢ Sentiment: Buy Disclosure: Held
