panic merchants, page-4

i dont think it will be anything special just yet.
probably more to do with firmer guidance around their business development pipeline, with updates on specific projects.

some info on their cashflow projections given they have missed their previous guidance for all sorts of reasons.

i think the company is quite confident they will sign something with metronet in the current quarter; something in the order of 5-7 installations. the rain doesnt stop in london and winter is fast approaching. one would think metronet would want to avoid delays during winter in the peak rain period.

the chinese underground will take longer, though it appears to me that the company is also very confident that the trial will lead to a full roll-out on upto 20 stations.

i think we have had enough talking. its time to deliver.
to be fair, the company hasnt really put a foot wrong of its own doing. if metronet hadnt gone into admin, we would all be marvelling at the progress being made in asia, rather than fretting about cashflow and maiden contract signings.

now that the metronet hurdle has been cleared, it really is up to the company to convert.