ELS 4.35% 42.0¢ elsight limited

Car chatter....? I'm guessing that the detective work and...

  1. 9,788 Posts.
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    Car chatter....? I'm guessing that the detective work and rumours on this thread are 100% correct. Apparently the boss of ELS thinks autonomous cars will be fully operational much quicker then is generally thought.

    I've been thinking Hikvision is going to be a big deal for us. I'm still thinking that. Very obvious from the announcement at the time. Them a 51 billion AUD company, us a 70 million AUD company. Their revenue 5 billion. Strategic partners. We don't need much of that to jump into a whole new league. You do the math


    I was looking forward to more news on any US developments. I'm still looking forward to that. The Military in particular , as previously stated by the company, is a huge target.

    We are currently profitable. We are a high margin business. The $400 000 thousand revenue in the last quarter was just for the three and a half weeks after listing. Revenue can be lumpy but should average out well over time and really kick in next year. The Alrena deal means we have obviously well and truly beaten projections. Not to mention the Israeli Police deal.

    I didn't get around to asking about the shrinking of ELS technology because we ran out of time.

    I would guess we ain't seen nothing yet. IMO.

    Please do your own research.

    This is not a buy or sell recommendation.
 
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