Bulls Hiding?

ELS - Elsight Limited
Current Price: $0.705
Market Cap: $67.6 mill
52 Week Range: $0.265 - $1.775

About:
Elsight is a solution provider of ground-breaking hybrid video and data transport services (on-the-move or fixed) for large Safe-City projects, sensitive facilities management, and surveillance and protective activities. The platform supports video capturing, recording, and highly secured transmission against video interception and hacking. Elsight’s platform was designed to address the most demanding requirements of Special Forces across enemy lines and sophisticated intelligence organisations. These systems underwent the most rigorous testing in combat situations as well as extensive testing by the most demanding laboratories. As a result, they present an unmatched level of reliability, lowest latency, and highest adaptive bandwidth over cellular networks that enables HD and 4K tv transmission quality, with “never-fail” redundancy and much more. For the first time they offer strict military requirements for civil usage. Elsight’s customers range from defense and homeland security, industrial security, broadcasting, first responders and healthcare.

Key Points:
- Branching out company products into the growing C4ISR defence Industry which is expected to reach $US119bn by 2022 according to a research consultancy.
- ELS partnered with Israel's prime aerospace and aviation manufacturer - IAI - a world leader in both defense and commercial markets. IAI has approx US$4 Billion in Annual Revenues.
- ELS awarded sole supplier status by key Israeli Defence agency
- First significant order received
- Development of Hikvision relationship
- Alrena "Smart Medicase" telemedicine product progressing, but very slowly
- ELS signed up new channel partners and received first orders from Traffilog in the UK and is developing its relationship with Rococo, a leading Japanese systems integrator in Japan, China and Philippines.


Overview IMO:
Fantastic company that is starting to gain momentum. Highly desired products that are now being rolled out worldwide in not only the special forces division, but also a significantly larger and rapidly growing defence industry sector. Although the company made a significant loss over the last period, I sense the market has its eyes on ELS to turn its financial performance around and continue to gain global traction for their products.

Please do your own research and seek professional advice prior to relying on any information contained within this post. It is all IMO.

Bullfinder