lumacom

I hear what you are saying MP. You have posted a similar opinion in your last 100 posts about LUM in the past 3 years. Yes things can change, however, at this stage they haven't. LUM is losing as much money now as what it has been losing for the past 7 years that it has been listed. Also, one profitable quarter is not going to be enough. They will need to consistently pick up good contracts every quarter for the sentiment to change. At the moment, I'm not aware of them picking up one sizable contract in the past 9 months. I'm hoping this will change though.

Every company and their shareholders on the ASX could argue that they should be worth more than what they are, and, atm, LUM is finding it hard to convince the market due to many issues. Also, I think people need to realise that this is not an IT company any more, it is into marketing/advertising - very different. Also one needs to be not so naive that they believe that Vertigo can just waltz into the US, Canada, Middle East and Asia and pick up contracts just because they have manufacturing facilities in China. Most of us were naive enough to believe that the world wanted Lumapanels and that companies would be queuing up to buy space on the 4TS and Turkey signs.
Not a lot has really changed YET. A small order for some signs in Chinese schools. 1 Unipole sign in an Indian reservation, a couple of one off signs scattered around. Lumacom needs to get big contracts and recurring business from these customers - this hasn't happened YET.