re: how are you tracking?
thought the latest quarterly figures were ok..... but only after the note that they put out afterwards...
cos the H1 revenue of $4.9M is almost the entire trading revenue for 2004 (which was about $5.4M), from what i recall.....
so i am expecting the FY06 accounting results to be at break-even.... compared to the big FY05 Loss.
Was thinking about bailing out, but then realised that they are about to launch the robotic arm in Mar06, and so it is better to give it another 12mths, to see if they can get FY07 on par to making a Net Profit, and also to see if anything comes of the robotic arm...... i cannot really see much other value in this company.....
No doubt you can see why, when you read some of the articles about RFID, and other competitor security measures being used in the world. It's a bit like the telco's sector = all over the place, with no one item being the superior one.....
Am also wondering why they are selling the DDTspray-cans in stores, if they are getting cars to be coated in it....... i mean, if the spray-cans are available to cumstomers, then isn't it not possible for professional car thieves to simply respray a car with another DDT-code...... although perhaps the DDTspray-cans come with unique codes that never repeat, and the cans' quantity is simply to small to be able to cover an entire car.... must look into it a bit further.....
Would like to think that by Xmas of 2006, that they might get at least one or 2 orders for their DDT application from a major car manufacturer..... as i doubt that they went to all that effort of making the robotic arm, if they didn't have any leads b4hand....
Must wait and see....
DDT Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
