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15/10/20
16:30
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Originally posted by milesy:
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Really good comment about management and their relationship with billion dollar partners (who also have a vested interest as major shareholders) and they want Scout's products. '"This is an important step in the long-term, international cooperation through which Prosegur and Scout plan to launch new smart home security solutions in several markets and push Scout into becoming an international company', and "Prosegur plans to launch and market new and innovative security products based on Scout’s technology in up to 26 of its global markets". Add in Amazon and (hopefully soon) Stanley Black and Decker and we are effectively in bed with jugganaughts that help us cover the globe. No $ amounts mentioned and overhang from traders stuck in from previous pumps is going dampen any significant share price increases just yet, but this will be a creeper now and suddenly in a year's time could easily be worth a MC 1-3 times its current, piddly amount. Rand D is Donr. This is full on commercialisation stage. Milesy
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Pretty hard to believe this finished down for the day. More trapped traders. More resistance on any run. Medium term hold has always been the I tension. But always hard to see such disappointing market reactions. Milesy
Last edited by
milesy :
15/10/20