I hope a large contract comes very soon. Given the current market cap, the approx. $2M FY13/14 expected net profit and the potential non-disclosure of FY14/15 guidance, investors could lose faith in NTC.
As for the smart car market, I very much doubt NTC will enter that market. There are many other companies out there specializing in telemetry. It seems the requirements for telemetry devices are specific and have a level of complexity that is not required for devices suited to elevators and admirrors. I would prefer NTC stay away from the telemetry segment and concentrate on the multi-purpose devices they are currently selling.
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NTC Price at posting:
71.5¢ Sentiment: None Disclosure: Held