1H15 report, page-15

Whilst, I am disappointed at the lack of concrete details on the m2m progress, at these prices NTC is a solid buy for me. I am looking to add more at these levels. One shouldn't value this stock on a p/e or EBITDA multiple basis in a traditional sense. In the m2m space, NTC is coming of a very low base and 1 or 2 large contracts could have a huge positive impact on the EBITDA margins and earnings. Agree with the previous poster though - management has had the nerve to pay themselves handsomely w/o generating concrete results. If there was more institutional representation on the registry, management compensation would have been in check.