Fancypants
Why would you make such an unsubstantiated prediction like that? If you are going to make a prediction at least back it up with something? The market would be crazily optimistic on NTC if the share price was to get to $5 this year.
I am yet to see that AT&T acceptance, so that could happen tomorrow or more likely within 6 months (things always take longer than expected and the NBN fixed wireless roll-out is a good example). Then there will be a period of ramp-up, so I don't expect full production until mid-2018. Even though the AT&T roll-out should be 40% complete by the end of 2017 (60% complete by end of 2018, 80% complete by end of 2019 and 100% complete by the end of 2020), the measure of "complete" is vague.
By mid-2018 we are going to see the NBN fixed wireless revenue begin to decline (roll-out is ~80% complete). The NBN FTTdp revenue should compensate the NBN fixed wireless revenue decline. So the AT&T deal is crucial to NTC's revenue and earnings growth.
I will continue to wait patiently for the share price to drop to a cheap level.
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- James Spenceley of MHOR Asset Management
Fancypants Why would you make such an unsubstantiated prediction...
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