Teklogix Canada Toronto and Montreal.
Standing down today at 17.60 can-i.e.- 12/13 us
Know them long time.
Went 20 to 3 last year...misdirection...paid for their
sins...wrote off $9 mil at year end Mrch and still turned
corner in profit.....produced one hell of a result to dispel
all doubts....sold off the sin making acquisitions....back
to core technology which originally made them the market
leader in wire less communications for warehouse and distribution,
end of first quarter, absolute bumper in every measurement,
turnover, margin, cash, wkg cap, debt mangmt, nett profit,
share back to 9, told the analysts who dumped before, came
back on side cause the co told the truth when it hurt,so good
held back a lot for September,producing another whizbang,back to recent hi of C$19
going fabulous in Europe, figures multiplying with extroardinary
rapidity, order backlog but so healthy they are busting at seams
with cash.....figures for December equally healthy....always
come out about same time, bought another 800 today on weakness,
Brazil maybe....going Ecommerce and wearable computing near
future.
Recession proof as theirs is a market that produces the cost
savings when company's stop spending!!!
Target one month C$20-25
The IrishFirework
Good Luck |
