ELS 5.05% 47.0¢ elsight limited

Ann: Appendix 4D & Half-Year Financial Report, page-9

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    Elsightcontinues to make promises through it's announcements where perception is bullish to say the least and the reality is despair, most recently “in the coming weeks.” They get asecond, third and even a fourth chance to make amends to shareholders becauseof their promising product. Prospective customers might not be soaccommodating. I perceive Elsight to be rather arrogant too “customers arecoming to us, not the other way around.” No matter what type of product you’vegot and what stranglehold you think you have on the market, customers mightjust walk away because of arrogance and unreliability.

    The “paid POC’s” opens apandoras box…..

    I don't trust what Elsight says anymore.

    I’velittle doubt that any announcement, pending, will send the stock price up, whether itstays there depends on whether investors believe the announcement. I’ve saidthis before but this stock has all the hallmarks of a stock best to trade, sell theannouncement, buy the dips.

    I hold afair bit of stock and initially was accepting of delays and over promising, butthey don’t seem to have learned anything along the way and if they treat theircustomers the same as they treat their shareholders then they may just findthat doors don’t open for them as they expect.

 
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