I love it too! I was just talking about Germany and how DB are moving decisively to invest in the security systems they use on their train network and then we have today's announcement from where else but Germany!
The framework agreement was signed at the Innotrans International Trade Fair in Berlin yesterday by DTI's Managing Director and Alstom's Sourcing Domain Director.
Innotrans is the world's largest passenger rail exhibition and will be used to showcase Alstom's and DTI's technology.
DTI is simultaneously looking better and cheaper every day (in terms of its market cap and share price). Given their increasing exposure on the world stage and closer relationships with the likes of Alstom, the figure of $400m worth of prospects they currently have is highly likely to increase significantly going forward to something well in excess of $1b.
DTI Price at posting:
43.5¢ Sentiment: Hold Disclosure: Held
