I agree Charles. I listened in, and although there was a lot too...

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skinnygirl

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20/06/18

15:12

Post #: 33830193
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Originally posted by Charles89 ↑

What they said about why Hydrix needed PSY was interesting, I guess if that is all true, that squashes the rumour of a reverse take over.

Also the revenue that's being generated by the spectrometer chip in drones was new to me (though they may have announced it before). And the need for P4, due to the fact that P3 needed to connect to a laptop via cable, I think the feedback they received from product testing was that, it needed a much easier method of connectivity, therefore, P4 was required with bluetooth so they can connect it to a phone or wireless device.

From roughly 30 opportunities in the pipeline when they acquired Hydrix to about 100 now, is a good sign of growth, but of course they will need to capitalise on those opportunities and bring them to the bottom line.

As I mentioned before, I think the PSY we own now vs what it was 12 months ago, is a much improved company and is no longer a one trick pony. We have multiple revenue streams, services and products - IMO that allows me to sleep easier at night, knowing we aren't just relying on LumiMEMS or just spectrometer to bring home the bacon.

Hopefully now that management has spent the last 6 months restructuring the combined business, and have worked out new business positioning and strategies, we can move on and work towards being a profitable company as a whole. Especially with the implementation of the added cloud and data services.

I don't think the SP will blast off to the moon like we did when we hit 50c, but I think it will be a gradual and steady growth as we commercialise more and more products, service more and more clients.

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I agree Charles.
I listened in, and although there was a lot too take in, the restructure of Hydrix and Psy over the short and long term with regards to onboard clients currently let alone where the future will take this company is very impressive, but there is still away to go to get shareholder value moving.

If anyone still thinks that what has been broadcast today is the same old story, then they don't understand the bling we endured before, and the reality of what is really happening in the true form of this company currently.
I'm more than happy to continue to hold and trade when it suits me.

Please DYOR
Good luck too all

Cheers

PSY Price at posting: 5.3¢ Sentiment: Hold Disclosure: Held
4 Upvote

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