MIK mikoh corporation limited

I think it quite likely that 2008 will be the year of mikoh....

  1. jwt
    4,009 Posts.
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    I think it quite likely that 2008 will be the year of mikoh. Critical mass methinks is just around the corner. Consider;
    A reasonable chance there will be a contract with Note Printing Aust for currency printers; part of the Reserve Bank; final details being tweeked; not just for one, but a potential for 30; at 1.7 mill each. Indications are that NP are happy with the prototype but there are add ons that relate to security and are very hush hush and will take some time.

    Mik and 3M close to the signing of an MOU relating to 3M's use of mikoh technology in the distribution of rfid car registration stickers around the world. This is a huge huge market and 3M are keen to corner the market. And it seems mik have to be part of it; their patents are that strong. Delays with this, but given the dollars involved, why wouldn't there be. Mik want fair value; 3M don't want to pay too much.

    With the issue of security becoming more and more important around the world, Mik is in a fantastic position to capitalise. They already have contracts with many US Gov't depts pertaining to this and we have seen many examples of a re-ordering of product. This will slowly build imo into the critical mass needed. And we are talking, security of containers, security of vehicles, security of documents, etc, etc.

    With the theft of drugs, and the substitution of drugs becoming a big issue, the need for security has played into Mik's hands; is regulation far away when all drug co's are required use a Mik style security system?

    Although probably not in the forefront of the Co's mind, the providing of security to electricity and gas meters is, imo, going to be a winner. Utility co's lose billions around the world in theft and I don't think it will take long for the Co reps to see that. It will only take countries like Bermuda to declare how much money they have made from introducing rfid rego stickers, before the penny drops. Methinks.

    And if you read the various outpourings from the Co, there are many other revenue possibilities.

    This is not a suggestion to buy. But do some research. And a very merry Xmas to all holders. If 2007 was good, 2008 could be stupendous.
    Cheers
    jwt
    ps and cheers to uncle fox, auntie fox, foxie girl, samantha of course, nephew fox, and all the other hairy four legged creatures; keep safe in 08.
 
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