Ann: Market Update , page-2

This looks interesting.

awful news about the "irregularities". I suspect it was someone not too happy with the salary cuts.


but on the other hand, this looks very promising:

On the good news front, the MPS installation in Guangzhou Metro in China (as
previously referred to in our ASX announcement of July 11, 2008) is now
underway on Line no. 6, DongHu Station, and we expect to announce the
signing of further significant MPS contracts within the next 4 to 6 weeks. With
regards to our coatings business, we have organised road shows to commence
in April to showcase our product range to 60 senior engineers working in the
Hong Kong region and I look forward to updating the market in due course.



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i know, we have heard this all before only for the GFC to crash our hopes (and lose our money!), but you would expect them to have learned their lessons about over-promising.

Gray has been very good since he came on board. If he can get a major contract instead of a major pilot, then he will have performed a miracle and HTI will be on its way.

I have sold out and quite happy to have done so. I think there will be plenty of time to get onto this once it has announced contracts and started work. Happy to miss out on the initial multibag potential to safeguard my capital.