Vodafone to announce significant m2m contracts, page-2

Stweeve

That is a good find, it is always exciting to read such articles so thanks for that.

My excitement was dampened when I thought about these points. 1) Vodafone Australia is yet to win the contracts. 2) Even if Vodafone Australia win both of these contracts we can not assume that NTC products will be used. 3) If the contracts are won and if NTC products are involved, we shouldn't expect any incremental revenue until the 2015/2016 FY.

This article got me thinking about the FY14/15 guidance. As I have said before, I am guessing that the non-disclosure is because the guidance is not great. But the optimist in me thinks that NTC may have significant potential contract(s) in the pipeline and these could have a material impact on the FY14/15 guidance. Unfortunately, every week that passes without a contract announcement reduces the likelihood of any contract impacting the FY14/15 guidance. Whilst the share price drop is disappointing I will be happy to repurchase the stock when it reaches my target price.