So due to confidentiality we don't know if contracts have been won nor which ones are finishing or running out. What we have is the revenue and EBITDA projections for the current year (nearly half over), which indicates a significant narrowing of margins due to higher component costs and changing product mix. If they can't talk about contracts can they explain why component costs can't be managed better, how profit margins vary so much between products and why overall profit margins are declining despite being a company that listens to clients and provides unique technical solutions for their needs. We might have a better understanding then. The ROE of 9% still seems low and profits need to grow, not just revenue.
NTC Price at posting:
74.0¢ Sentiment: Hold Disclosure: Held
