TriDef Powers 3D at CES 2012 DDD is partnering with Samsung, LG, HP, Sony, ViewSonic, Lenovo and AOC to showcase TriDef® 2D to 3D conversion technology and Yabazam! 3D content library at the 2012 International CES in Las Vegas January 10-13, 2012.
Daniel Stewart initiated coverage of DDD Group (DDD) with a "buy" recommendation and 50p target price. The broker expects the rate of conversion to 3D formats to accelerate, driven by digital cinema and next generation gaming, and believes the market will be worth 22 billion dollars (14.2 billion pounds) by 2018. With an established network of licensing agreement in TV, PC and mobile devices, having signed contracts with Sony and Lenovo, Daniel Stewart believes the 3D technology developer is well positioned to benefit from the increased demand. DDD shares inched up 0.125p to 26.625p.
There seems to be only 20m shares with private investors and 110m in the hands of majors shareholders. Does this bold well for the long term? I think we need to wait post Christmas to see if 3D takes off , hope so. GLA
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