NTI 0.00% 7.6¢ neurotech international limited

NTI undervalued?

  1. 40 Posts.
    G'day Gents,

    I'm a long time HC lurker and first time poster. I'd like to start by thanking the individuals within the NTI threads that have selflessly posted their research for the benefit of everyone - I along with many others appreciate your efforts.

    I've been running the ruler over NTI for the few past weeks/months and along with the great information posted here have conducted my own DD. After the share price dropped to the mid 30's and rebounded back into the 40's I thought I'd missed the boat in terms of my ideal entry point... however as luck would have it we find ourselves back here again. I've managed to build a decent position (for me anyway) with an average of around 0.36.

    To me this is definitive buy particularly at current levels. In my eyes the product is already proven - CE Mark, numerous studies, backing of prestigious Carrick Institute, alignment with Italian Red Cross / Autism Groups. We already have sales in place netting profit of ~AUD$7.5m over 3 years from a single contract with a single distributor in a single country. Not many stocks at this end of the market can boast that. The fact that we are trading at a market cap of c.$30m on these facts alone are quite astounding.

    However couple the above with a strong management team with runs on the board and an scientific advisory board of the highest calibre, FDA approval looming (mere months away as oppose to some pipe dream which is years and years down the track), as well as the Mente Pro Suite providing additional market opportunity by Q4. This is looking significantly undervalued in comparison to peers. That's without even considering the potential worth of the data being collected nor the push into new categories ie. Epilepsy.

    I was lucky enough to get into RAP at a relatively early stage (side note: I notice a lot of the same quality posters have ended up here too) and although I hate making comparison because they are two vastly difference companies - I can definitely see NTI heading down the same path in terms of share holder returns. Albeit I believe this will occur at a much more rapid rate when the market stops sleeping on this.

    Call me optimistic but I have a 6 month target of 100-150m market cap and fully expect NTI to reach this well within that time frame.

    Thanks again for the great information on here fellas, I look forward to riding this one to the bank with you all.

    Cheers!
 
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