Stephen Deakin, interim chief technology officer at the Met, told El Reg at the police tech provider TASER Summit: "We are accelerating the procurement process at the request of the Commissioner and Deputy Mayor."
In the next couple of months, the Met will begin the process of procuring 10,000-30,000 cameras, he said. "Our ambition is to become the most transparent police in the world."
30,000 x $99/month x 12 = $35.6Million
There are 129,584 full-time equivalent ( FTE ) police officers in the 43 police forces of England and Wales as of 3/31/13. If they only get 13,000 officers at an average of $30/month then it's still a $5M per year storage deal. They're on verge of winning the NYPD deal too, which is another 30k officers. Revenues are on verge of going parabolic higher.
The fact is FCAU does nearly as much in revenues as F and GM yet trades at 1/3 their market caps. Half of the mkt cap of FCAU will be spun out through Ferrari so really it does nearly as much in sales with 1/6 their market caps. The other two don't have a premier luxury brand like Ferrari so what FCAU is left with ex-Ferrari is essentially the same as F and GM.
Why the huge discrepancy in value? Easy. Too many inefficiencies. With a buyout from a larger automaker (mkt cap-wise) FCAU will get rid of a lot of those inefficiencies and become a cash cow for the acquirer.
The writing is on the wall. If you bail now you're selling yourself way short.
If you don't think Sergio is going to ink a deal on a merger / buyout with another large automaker, you're nuts. This man is a deal maker through and through. It's in his blood, in his DNA. He owns about 1.5% of the company and has every intention to merge out the remaining piece of the business ex-Ferrari (ie Jeep, Maserati, Ram, Chrysler etc). I guarantee it.
You're best not to fall into the trap of the people too impatient to see this thing through to the end. This move here from $11 to $16 is just phase 1. Phase 2 will be the move to the mid $20's before the year is out.
I laugh in your faces. Let's see what is your latest worry? It has risen too much? Hmm...its actually only up about 30% in the past year. Despite Jeep sales booming and a small catalyst in the form of THE FERRARI IPO. Please go ahead and get scared, sell your shares. Just remember when it gaps higher and runs without you to $25 that I laughed at your selling.
I keep looking at this one. Are shorts / bears really expecting this to drop below a 7 p/e? Just curious what the rationale is. Also why is this EPS multiple so much lower than even RJET ALK let alone the bigger ones like JBLU LUV SAVE? Is it lack of growth and/or short operating history? I've never flown these guys but have heard some really good things about them.
Thanks for feedback.