EOS 6.83% $1.30 electro optic systems holdings limited

Nice summary thanks mate. Couple of questions for you if you...

  1. 927 Posts.
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    Nice summary thanks mate.

    Couple of questions for you if you have the time:

    1. Where did you get the 15% profit margin figure from? I would have thought that given the cost (both financial and time) of research for these weapons that the margin would be quite healthy. Kind of like biotechnology stocks: lots of early stage capital expenditure with no guarantee of returns, years of testing and validation, large high margin spoils to those that succeed. I don't remember seeing a figure quoted by the company anywhere, is this an assumption on your part or did I miss something?

    2. I thought we weren't expecting space revenue until 2019ish. Has the company stated we will be seeing revenues this year? From the last 6 month report we have 2 sites operational and customers require 3 widely dispersed sites with 99% reliability before we will see revenue. Also from that report we are going to build a third site in central qld however I don't remember seeing an update on that since? They expect that site to be operational FROM 2019 so I would expect revenue won't be seen until mid 2019 at the earliest if not 2020??

    Thanks mate.
 
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