Were really all I expected with lack of announcements. Shares are fairly priced in the $4's until they can demonstrate the ability to bring $5M+ contracts, you really can't expect the share price to more. RWC has been around along time- they know this business, but for some reason the next step up doesn't come. Maybe they need to get bought out by a larger more diversified company in the public emergency service field- something to supply real marketing and sales muscle to their very good products. For some reason a great product at a 50% discount isn't enough by itself.
Yes, I'm frustrated by our lack of sales breakthroughs, but when you look at the risk/reward it's still a very low risk vs. potentially very high reward situation being a RWC shareholder. I keep saying the same thing "let's give'm another year and see what happens"- and that's still what I'm saying today.
Hard to be too confident with the lack of sales announcements last Q. I guess I'm hoping for some positive comments in the PR and on the CC.
I like the fund buying at $5 and above. Considering the risk of a micro micro cap that RWC is, they have to be expecting AT LEAST to double their money .
In a recent CC, Mr Storey said they were "chipping away" at the competition .... I think that's about right, the big orders are still out of reach- for whatever reason.
Share price is the result of weak guidance and only meeting that guidance. Luckily, they opportunistically sold those shares at $8.50 or we'd be even lower.
Can you get it through your head that there is $8.50 sitting in the bank for every one of those new shares? You've been barking up the wrong tree for 6 months!
I agree it's possible. Potential buyout on one side, hopefully at a decent premium vs. this slow motion slide of every Q with an excuse and a promise to better next time. I'm just not sure how attractive it is; yes an established business, but it's an established "mom&pop" in the world of e-commerce giants apparently with its customer base slowly drifting away.
The long term trend is of each Q' s results being a step down from the previous. If this trend continues another 2 Q's I think they'll have to reduce the dividend and then it will go to the single digits.
His wry comments before he has heard the case are ridiculous. What's the matter with that guy. Some people you put a microphone in front of them and the just have to open their mouth.
He'll be glad to get back to dealing with the "slip and falls" at the local Safeway.
How has he heard the facts? Just like judge Judy. Aapl will tear him up, but it won't get their $400M back.
Yes aapl was duped and there will be blood in the halls of aapl. Now it's about public damage control and hoping this drifts to the back pages ASAP. Aapl has had enough bad publicity with their Chinese factory worker issues. Publicly they will be silent, but be assured that those within the company responsible will fall on their swords.... And that is no exaggeration. $400M - can you imagine Steve Jobs response!!
How could he possibly comment on the case with his contractor analogy without hearing the facts of the case? The sensitive information is one thing, but then he goes too far with the prejudicial comments about home contractor nonsense. Just like judge Judy; deciding a case about a car accident and she asks are you on disability, how many kids by how many men, do you get gov assistance..... Ok now I know who's at fault in the car accident. Aapl's attorneys will have this clown thrown off the case before lunch the first day.
The judge isn't nearly as old as I thought he was. He sounds like one of those addle minded appointed for life 85 year olds that should of slipped into a nursing home years ago. Sounds like a judge Judy wannabe. He's already decided the case before he's heard the facts.
He should go to prison, but he will spare no expense of GT's remaining money to hire the best defense possible.....God Bless America.
My guess is they did.
The question for GT management is how long did they sit on the knowledge that aapl was not using their product? The fact that Corning can supply this massive demand with no evident problems tells me that aapl made the decision many months ago. Many months ago. The only thing GT execs did was to remain silent and sell shares. Speaks volumes to the integrity of the parties involved.
That aapl walked away from $400M shows you that this thing was a total fraud. We're not talking about "specifications" -- no one walks away from $400M over details. This was a total cluster F fraud. The judge sounds like one of those addle minded appointed for life embarrassments with his home builder nonsense.
We'll the business is 900 people trying to get some half backed furnaces to make a product that the customer doesn't want all at a burn rate of $1M/day .....jeessh if that isn't bankrupt I don't know what is.
At what point did you "discover" all these oppressive details of this impossible to comply with aapl contract? So many experts on this contract ..... You all figured out so I'm sure everyone sold at $10, it was so obvious!
All the conspiracy nuts strangely ignore the 5000lb elephant in the room. Aapl is out over $400M!! That is serious cash even to aapl. They're a major victim of this total fraud. Explain that to me. Forget the home builder changing plans nonsense ......explain $400M burned up on some disfunctional furnaces.
Why would aapl spend $400M yo pull some elaborate hoax on gtat? That seems to what you're saying. What is aapl getting out of this? What if gtat furnaces didn't work but they strung aapl along to get the payments until the end when it actually came time to deliver? It's just a common as dirt business scam. Cooked books, phoney data until it eventually collapses.