EOS 0.00% $1.30 electro optic systems holdings limited

AngryPrawn is right if you are looking at the facts on EOS, and...

  1. 364 Posts.
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    AngryPrawn is right if you are looking at the facts on EOS, and focusing just on military. The reason why only military is the Space division is just fluff at the moment, given management has alluded to the fact that there is no critical mass...yet to get long term contracts. That will take time.

    But $500million revenues at a good gross profit, should see this baby go to mkt cap of $300mill, which is around $4.80.

    I just fear the Q2 results, whereby they are cash burning yet again, and profit guidance of x (loss).
    This time last year, based on hype alone it went as far as $2.30, before a retrace to $1.10 (which I really loaded up on). I think it could drift down, but not a 20% drift...if you can snag them at $2.85-$2.90, then you should by next year lock in $4.50 as more news on contracts start to come on line and Is known.

    Lastly, did you see shareholders response on the managements request to get more money for remuneration? Shareholders vetoe'd it, which to me is a bit demeaning, as the guys have earnt a little reward given where EOS is right now.

    This isn't a trading stock as well.
 
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