as 20500 posted, we should be expected an announcement on the Malaysian and Vietnamese drivers license deals. The good news momentum just keeps rolling in with this stock. Very happy to see them reiterate their 48m NPAT for the current year. 6 weeks out, it should be in the bag.
Just thought I would recap on some deals coming through for those new to the stock:
ETC have been negotiating with the Vietnamese for some time now after signing the MOU. This deal is for just under 30 million licenses. Massive deal. 20500 says its due soon, so that means....it is!
Then we have a mooted (by our good friend 20500 again) of a massive Chinese deal. By Chinese standards I assume it would be the equal of the gas tank deal and possibly larger if it involves ID verification for the population. Perhaps another 200m/5 years?
WE still have the many deals (though not detailed) in brunei, Saudi Arabia and UAE.
Two bids in the UK, one of them for the national ID card.
What am I missing. Is there something going on in the USA?
ETC Price at posting:
40.5¢ Sentiment: Buy Disclosure: Held