vfo21 Tue 23:48 "I do not buy their claim from November's 14' presentation."
Why not, Vfo21?
Providing secure cellular communications seems to me to be something that would be very hard to do, bearing in mind their nature.
And to lie in a presentation like this would be fraud. Hardly likely, especially as people familiar with this management know that they are straight as a die.
As regards 'competitors': "homeland security" encompasses many activities, among which secure cellular communications is a niche.
From Wikipedia "The scope of homeland security includes: Emergency preparedness and response (for both terrorism and natural disasters), including volunteer medical, police, emergency management, and fire personnel; Domestic and International intelligence activities, largely today within the FBI; Critical infrastructure and perimeter protection; Investigation of people making and distributing child pornography; Border security, including both land, maritime and country borders; Transportation security, including aviation and maritime transportation; Biodefense; Detection of radioactive and radiological materials; Research on next-generation security technologies." http://en.wikipedia.org/wiki/Homeland_security
Trust your instincts Bampster and Hedgehog100, you know what that poster is all about. What is their interest here then? The selfless little soul simply wishes to help out the poor downtrodden TGL investor, really? And so, so polite. Pencil pusher, more like full time troll with a short position in TGL that's still open.. Never heard such a pile of BS!
Dear Bamster, I was being a bit sarcastic when I described myself as a pencil pusher. Indeed the SME operates in the technology sector and comes under "electronics".
But in those years when you attended grammar school only 10% of population or so went to university and completing a grammar school was indeed great achievement - so well done on yours.
I would love to be invested but only if I manage to cut through the PR. I have been keeping an eye on the activities of this share since H2 2014 and agree with you that I am spending too much time here.
I have heard of 'pen pushers', so does the use of pencils suggest a more artistic bent.What is the line of business in which you are innovating.With the circles in which you seem to move it sounds as though the nature of your job is highly technical. I am a simple grammar school boy who went up to Cambridge but only to watch my grand daughter play football. I am invested in TGL and still find it slightly strange that you and many other people take time to post on these boards when you don't hold the shares and have no real intention of doing so. Luckily I run my own business so can jump in and out of here in my own time.
Always happy to invest if I am kinda in the control. Difficult, but at least trying like each one of us.
It is an administrative procedure to change the name to whom the patent is assigned. Could I delegate you to chase them regarding patents? This would be greatly appreciate and valued. If you can get hold of the patent names or numbers then we are back in game to decode their strengths.
I would be absolutely delighted and thrilled to have an access to their business plan - as long as I understand a business plan is typically a 40 - 70 pages long document (with sensitive info inside). They will not release it, no-one will. they might comment on this but not release the document itself. I guess their definition of business plan is different from what is usually adopted by the industry. Anyway, ...
I do not buy their claim from November's 14' presentation. Not knowing what is the competitive advantage of their technology or how their technology/service works does not add raise my confidence. Secure communication was triggered by the needs from non-civilian sector. This created a market for secure communication devices/services and with the renaissance of secure communication in civilian spheres these companies naturally found a new market + new companies started as they saw themselves fit to address this.
I know this might be a bit tough, but IMO their presentation does not need to be holy truth or anything close to it. The way I see it, and this is just my opinion, this is just a PR.
Not-US means that their technology is not ITAR restricted. I suppose you can derive the implications of ITAR, not-ITAR yourself.
An international sales network is +ve. But again, if you are not visible to the market that's it...simple as that. How much marketing they did to raise their awareness among existing and potential customers? What are their sales figures? (Again not giving an accurate picture of contracts/deals is not aiding visibility). Their PR machine works well to raise attention among PIs but do they also have decent marketing strategy as a company?
One last thought, if you look into the homeland security market forecast (quoted in the Jan 15's presentation) you can access listed companies mentioned in the report (once you register). GOS is not among them but there are several competitors operating in the UK which know extremely well how to play the game. Just go over the list and see for yourself some well sounded names (competitors).
What I was trying to say is that we, as PIs, see the product of PR machine. Having non-PR info is the one that matters most (at least to me). Market reports provided by the 3rd parties (e.g. visiogain) are usually PR-free.
vfo21 Mon 21:25 "... (not only because there is a stiff competition). ... I would challenge them whether they can sell a single service or product in the US (an extremely important, high volume/value, security market)."
All the information suggests that there is limited competition for GOS's contracts.
Remember this part from the November 2014 presentation: "• Cellular is the 'hard to do' piece • Significant technology barriers to entry and hence few market players"
And with regard to the US, remember that as a relatively small company GOS doesn't want to spread itself too thin. I'm sure there is plenty of business in Europe and Asia for GOS, and that it is well-placed to compete against the Americans here.
vfo21 Mon 21:25 "By not announcing individual deals this will not aid visibility."
I think that you're misunderstanding this comment from the 15th. December RNS: "It will not be our policy to announce contracts and business development that are considered to be in the ordinary course of activities."
Because it also said: "A further update on the business plan and revenues beyond the next few months will be provided at the end of Q1 2015."
I.e. it appears that smaller contract wins will be announced quarterly, but extra large ones will be announced when they are won. This seems to me to be a sensible approach.
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