Advantor Systems has a contract to upgrade military bases and has been WORKING with Magal. Advantor an integrator of sophisticated security systems like....DreamBox and Fortis.
BTW Magal does not appear in these solicitations because they act as a SUBcontractor or use their North American division Senstar.
C'mon Ben...don't be so freaking emotional. What I MEANT to say was that in FIVE YEARS, MAGS hasn't gone anywhere. It's the same price today (actually, lower now) than it was FIVE YEARS AGO. So...what's another year, right? Obviously, my POINT was this...one could have made an awful amount of money in virtually thousands of other stocks, rather than holding MAGS over the past five years. Even if MAGS were to double or triple from here over the next two years, the astute trader would have smoked those returns...given the same 7 year timeframe.
http://finance.yahoo.com/charts#chart2:symbol=mags;range=5y;indicator=split+sma(50,200)+volume;charttype=line;crosshair=on;logscale=off;source=undefined
BOTTOM LINE: MAGS HAS BEEN UNABLE TO LAND THE LARGE CONTRACTS THEY HAVE BEEN TEASING YOU FOLKS WITH OVER THE PAST FEW YEARS IN THEIR CONFERENCE CALLS. You are right about one thing, an ugly chart can turn pretty...but an ugly company usually remains an ugly company. Good luck :)
5 years?
Why do you insist in lying about such trivial BS.
I started investing in them very seriously a 18 months ago. If you want respect learn to treat others with respect.
What's another year when you've already waited FIVE with nothing to show for it, right? ;-)
Wish you all the best!
Terrible charts can be fixed. Terrible companies can't.
This time, next year you will be a believer.
OK Ben, I believe you just because I've always felt your an honest guy. I believed you were "honestly speculating" this morning with regards to Advantor...but you seem certain they work with each other.
In any event, MAGS has still not "shown anyone the money" to this point...hence, the horrific chart.
Good luck
Ben,
What links can you provide that supports your claim that Advantor is an integrator for MAGS??? They look more like a competitor to me.
There are many companies that Magal works with like Advantor. They partner closely with both larger and smaller integrators regionally. In fact, its rare that you will ever see Magal land a headline order as the general contractor of a project. They are a key subcontractor to many many companies. They have an extremely extensive network that is just now beginning to come to fruition. AND when Magal makes their acquisition later this year of a respected regional integrator (my guess)......More markets will open up for Magal.