BCT 0.00% 0.7¢ bluechiip limited

MEMS Tech stock broke 2yr downtrend now heading up, page-3

  1. 22,120 Posts.
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    looks like Im talking to myself

    Little Corn where have you gone?


    Whats interesting is that the last research report from Helmsec said that the key challenge for BCT was getting product acceptance or proof of product acceptance via getting actual sales and BCT have achieved that with several local sales and a few overseas in China and the US

    http://bluechiip.com/wp-content/uploads/2014/04/140403_BCT_Helmsec-Research-Report-Final1.pdf

    Long Term value of the company will be derived from actual sales and revenue achieved but for now my thinking is it should be priced alot higher given the potential and the fact that management are derisking the story
    uccessful in converting meaningful sale orders in the
    near to medium term, then it is reasonable to expect such momentum
    to
    continue as success breeds success. Under
    such a scenario, BCT's valuation would be many multiples of its current share price. Alter
    natively, should sales not be
    forthcoming, then with its constrained cash balance, BCT would be forced to return to the equity markets to seek
    additional funding. Such a raising would likely be undertaken at a discount to the already depressed share price,
    causing
    further dilution existing shareholders.
    BCT's immediate challenge is to source a management team with the ability to turbo charge sales efforts and convert
    orders. Whilst the pressure is on for the company to achieve this in the near term, we are
    cautiously optimistic that BCT
    will succeed given its strong core product. We see BCT as a significantly leveraged exposure to the growing medical
    technology industry
    with enormous potential upside
    .
 
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Mkt cap ! $7.705M
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0.7¢ 0.7¢ 0.7¢ $712 108.8K

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Last trade - 14.04pm 06/05/2024 (20 minute delay) ?
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Last updated 14.04pm 06/05/2024 ?
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