I was rereading some of the old announcements. Back in October we were told Porters signed a deal for TZ to develop GateKeeper, a system for securing the 250 million freight containers shipped across the World each year to satisfy the security standards of the US Dept of Homeland Security. The now completed device and operating system, among many other applications, is being demonstrated tomorrow our time at Las Vegas. While many containers will not be fitted, many certainly will be and we now see Porters listed on the new Intevia demonstration video as a confirmed customer with the likes of Airbus and BAE, other big security customers.
I have not been able to establish a case in which total customer demand, represented by actual sales of Intevia units, is confined to numbers so low as to be commensurate with a share price of less than US$30 as this represents a mere 1 million or so over the next 3 years. Applications are so vast, and with that potential sales, that I believe prices over the next 3-5 years may well be multiples of that figure. All remains to be revealed with the passage of time and the disclosure of income but I am not willing to bet against that view.
TZL Price at posting:
0.0¢ Sentiment: ST Buy Disclosure: Held
