Contracted Work

Ahead of AGM I've taken a look at contract wins announced since start of Calendar Year 16. It's an impressive list and I admit as a long term holder, many announcements I had forgotten about until looking back. Why is it that money from these contracts just doesn't seem to be flowing onto balance sheet? Is DTI simply operating in an industry where scalability isn't able to be achieved? DTI's current contracted work is a COMPANY RECORD of $31 million, but the cash isn't coming in and share price is near RECORD LOWS.

4/3/16 Irish Rail - CCTV for 168 rail cars
15/3/16 City of Dublin - CCTV for 80 busses.
19/4/16 Dallas Rapid Transport - CCTV on 48 Light Rail Vehicles + Options for additional 115 Vehicles.
10/5/16 South Africa Police Vehicles - CCTV on 27 cars + Options for additional 900 vehicles over next 2 years.
24/5/16 City Of Philadelphia - CCTV for 231 rail vehicles.
25/8/16 London Underground - 212 CCTV systems for entire Northern Line Fleet.
26/9/16 Virgin Train - 31 pantograph surveillance systems.
28/10/16 London Midland - 66 CCTV systems.
5/12/16 Alstom France - CCTV for 47 Locomotives.
24/3/17 San Fransisco Rapid Transpot - Hearing Aid Loops for 775 train cars.
12/6/17 South Africa Train - Letter of Intent for communication systems for 576 new trains over 10 years (to update market on final contract execution).
28/8/17 Oman Busses - Surveillance systems on new busses over 12 months.