re: ite on the move. Hi Danlupi & it&e watchers,
Worth, imo viewing... page 13.... of the AGM report...and noting its implications....
I was there (at AGM) by the way....
From page 13 of IT&e (ITE) AGM last Wednesday—dated: 29/11/06.
Progress on the 9 qualified opportunities:
OUTLOOK FY 2007
Contract Closure: 1
Contract Negotiations: 4
– Close date Dec/Jan 4
Further workshops/negotiations: 3
Lost Bids: 1
New to Qualified: 2
Total Qualified: 10
Total contract target FY 2007: 6- 7*
Progress on the 9 qualified opportunities:
OUTLOOK FY 2007
Contract Closure: 1
--->>>--- “....Contract Negotiations: 4 4
This is ....imo, it&e watchers, the critical line ....
So to repeat the important two words in the sentence:
--->>-- “.... Contract Negotiations: 4
-Note the number, starting with the letter.... ' f '-- 4 .
ie: the 'Contract Negotiations' are what they say; .... ie: they are now only having the respetive legal departments write up and vet the terms and conditions....
So what is the important point to take from this...??
The Important point, imo, is that it&e (ITE) have been 'to all extents & purposes' selected as the final Bidder and are subject to the legal final vetting; the preferred and chosen Vendor..... is my clear assessment of this.
So added with the new Contract with the Tier One... Asian Bank, and average contract value on the four of estimated , about # $2.5 -$3.5 millions,(see (ITE) previous it&e ASX announcements), and about a recurrent revenue from previous existing sales of about $10 millions annualized, you can work the math...
On this basis;
My Predictions for IT&e’s share price (ITE) are two-fold.
(1) Next week will see share price start cooking from Monday onwards.....
(2) Predict this share to be $1.00 by mid Feb.
Kindest Regards,
Robbo .
DISCLAIMER
Views expressed in this opinion expressed on this Forum and Chat Site, as above are explicitly unwarranted, and expressed on a strictly: ‘Without Prejudice’ basis.. These views are only personal opinions and speculations, are not warranted, in any way whatsoever, either expressed or implied, for their accuracy or veracity. These opinions & correspondences, expressed in this email and/or on this internet site are only the writer’s tentative thoughts and opinions only. They are, nothing more than that. These views are not…. (Repeat: ‘not’ …)…to be read as being, or even forming any form whatsoever of investment recommendation, general or specific. Instead, they are just simply personal ideas and opinions, and to repeat, are NOT to be read or interpreted as financial advice. Furthermore, these expressed opinions here, are not warranted in any way whatsoever, either expressed or implied, for their accuracy, authenticity, or likely predictive outcome. Therefore, these comments are highly subjective and prejudiced by the writers own opinions, perceptions and outlook. As a result, these views may be prone to errors, as they are not official in any way, have not been checked by an authorized third party, and are possibly incomplete, ill informed and/or inaccurate. With this in mind, the author reminds readers that these opinions expressed here; are strictly on a “Without Prejudice” basis only. Remember readers, to read these opinions as just one of many expressed personal subjective thoughts and ideas, in the ‘common market-place of ideas’—and are only that. Readers must recognize that, as they are only one possible viewpoint among many, and therefore they are at best; only the author’s own highly subjective whimsical thoughts, impressions, and intuitions. You therefore ought not to rely upon these views for any form of advice or counsel. Instead, you are responsible for your own decisions. Readers must also note that, as with all expressed opinions, they are definitely open to discussion and refutation, as well as logical weighing and consideration of other alternative interpretations and viewpoints. For any investment decision, the writer urges readers to conduct their own independent and separate investigations and research, and always seek their own qualified and authorized third party independent financial advice.
Kindest Regards,
Robbo .
- Forums
- ASX - By Stock
- getting attention finally
ITE
i.t.& e limited
re: ite on the move. Hi Danlupi & it&e watchers,Worth, imo...
-
- There are more pages in this discussion • 45 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ITE (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
1CG
ONE CLICK GROUP LIMITED
Mark Waller, MD
Mark Waller
MD
Previous Video
Next Video
SPONSORED BY The Market Online