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Forgot the big one.
The 10 YEAR anniversary of Pete signing his last airport contract.
Mon, 20th Feb 2012 07:00
RNS Number : 6856X
Westminster Group PLC
20 February 2012
?20th February 2012
Westminster Group Plc:
Major New 15 Year Contract Award with $150m USD revenue potential……
Either way, there need to be 100’s of thousands if not millions - if first mover/market domination is genuinely the target. Not 10’s of thousands with half a dozen clients.
Have now finished/shut up/zipped.
Fingers crossed. Hope it’s not all bravado BS.
Interesting. The TU needs to set out some more detail if they want to really excite investors. IF that whole inventory (@c$200 cost) was Tetis, or other product that might generate similar rev’s (10,000 units for arguments sake) and it all gets out there seeing $60p/m then you’re looking at c£7m per annum. So the projected value of those two contracts at $100m over 5 year - would require another $3.8m dollar spend. Very fag packet reckoning. Still begs the question that pre-order deposits were the answer to my previous funding query??
Bring on the TU. I’ll shut up until it lands.
IF I’m understanding this right that’ll involve phenomenal investment in order to provide hardware FOC in order to attract subscriptions. At (the once quoted here I believe) $24/pa that’ll be a slow ROI.
Previous quizzing on funding requirement to fulfill those two monster agreements was meet with suggestions of forward payments - which conflicts with software/data revenue model.
Where does Lokies/DHL fit into the new TETIS based focus of T42. Are CropX and Zero dead or will they be seperately promoted? Questions, questions.
Or I’m being dim.
I’d agree. The market is largely unconvinced and needs more flesh on the bone - or confirmation of substantial fulfilment of two fantastic projects. Hopefully the BoD’s excitement is reflected in yet more progress.
I assume that the DHL situation (that RNS was the mother of all anti-climax’s, for me at least - and the market wasn’t impressed either) will develop and as ‘preferred supplier’ we’ll see something significant enough to warrant celebration, eventually. ‘Hopefully not another ‘Bosch scenario’ - who bought a 1k units, then went AWAL.
Still holding a large position and have fingers crossed.
Some nice buys lately.
If a bit fuzzy suzy in typical STAR/Trac style, but..
…even if nothing else materialises and these ENORMOUS contracts only generate sufficient revenues to cover trac’s OPEX, leaving our pre-existing SAAS rev’s as clear profit of 2 to 2.5 million, on a conservative 10/15 PE gives a market cap of 25 to 40m. At some point value will materialise in something more than the recent 3hr spikes. Lmao.
The average coin hold across CryptoWorld is about 5 days - I suspects it’s less here.., currently!! That’ll change, eventually.
…might remain a bit of mystery for a bit, and probably for a reason. ‘Brief exchange with BoD today yielded little new as you’d expect. But emphasis on satisfying themselves that OpenBox were the right partner in the US else exclusivity wouldn’t have been on the table, significant forward down payments will feature and as such no concrete plans for further funding. I get the impression that updates will confirm initial deliveries/developments until these normalise.
I’m content to hold, ‘look forward to the next TU/RNS. Might not be long?