Thanks for posting that summary Yak, I think you have drawn a bead on this company. On the Malaysian trials, one of the aims is to defer an increase in generating capacity by gaining efficiencies on the demand side. I don't know too much about Malaysia, but the US market has a substantial problem with theft of power, especially in rural areas, thus the serious approach INT have had from Email, the leading manufacturers of meters in the world.
It is my view that every time we hear from INT it will be about a substantial deal, they have clearly stated in the past they only want to do business with large utilities and it seems a lot of irons are now in fire around the globe. As you pointed out the medical contract was Malaysia, I just thought it was Canada because of the inroads INT have been making there. As you probably know, Intermoco have exclusive licence in this part of the world for the Lonworks" technologies which are the global de facto standard for remotely conversing with machines and devices.
Although AMR is a major string to their bow, it is by far not the only one, expect more left field events in the future. I have spoken to Tom Howitt a number of times in the past, a very conservative company indeed, they have been well cashed up in the past to carry on with their development phase which now appears to be paying off, yet they have never blown their trumpet to the market. Given some time and patience I think we should see many multiples of their current price on the charts, probably the next large deal will be hard to ignore, after all they are a $66m company now sitting on a single contract for $130 for their opening shot.
All the best Yak, keep up the good research.
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