Erg is high risk speculative800 million from 150.0 Erg is high risk speculative, there is no doubt about that, the company has grown from having 150.000 in revenue approxiamtely ten to 12 years ago>>> to 800 million today and still growing>>>all it is is coping with the huge success of having too many contracts and being too succesful>>>I would absolutely hate to be P Fog---Gartner Group>>>>the whole world is gearing up for the next phase of smartcard growth>>>payments>>there are all these big fat juicy contracts to be won all over the world>>>they all have to be financed>>>for it is 2 to 3 years at least till they show a return>>>>but what do you do>>>not bid? >>miss out?>>>>stop growing?>>>You have to be in it to win it>>>>hence the creative concepts with J/V ventures and suchlike>>>>this opportunity only comes once>>>>first mover advantage>>>>you have to think quick on your feet>>>>it's a cuthroat business.
Honest view,
Cheers,--BK.
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