I've been in Magal for about 18 months now. I've followed the company closely for a four years. I don't ever remember more orders than we've seen in the last 5 months. The key point to remember is that nearly 90% of these orders have not yet been part of revenues posted. These orders are part of the December, March, and June quarters. Year over year comparisons will look impressive. THAT will bring investors back to Magal.
January 10, 2007 Magal Reports US$1.3 Million Order for Life Safety System
December 21, 2006 Magal's DreamBox to Safeguard Water Supply in Multiple Sites from Hazardous Threats and Malicious Activity
December 11, 2006 Magal Receives an order for its PipeGuard System to Protect Banks from Underground Intrusions
November 21, 2006 Magal Receives an Additional $4.5 million Order for the Perimeter Intrusion Detection System along the Northern Border of Israel
November 16, 2006 MAGAL ANNOUNCES A US$1.6 MILLION ORDER TO PROTECT AN INTERNATIONAL AIRPORT IN EUROPE
September 18, 2006 Magal to Install $5.5 million Perimeter Intrusion Detection System along the Northern Border of Israel
September 11, 2006
MAGAL REPORTS ORDERS OF $4.3 MILLION TO PROTECT SENSTIVE INSTALLATIONS IN MEXICO
August 16, 2006 MAGAL REPORTS ORDERS OF US$1.7 MILLION
"Big" orders, smaller orders, they all add up, and become part of a loyal, returning, ever-increasing customer base. I think it's refreshing that MAGS is responsive enough to provide its unequalled products and services to meet the various, changing needs of all of its customers. It's also better business. Make no mistake, MAGS is a GREAT company in the making! There will be PLENTY MORE "Big" orders, as well. Roll On, MAGS!