This company has huge potential..being primarily R&D for close to 20 years and only really becoming sales driven in the last 2-3 years. In the next couple of years there will be huge demand as the emission regulations start getting enforced (2008 for minimum Euro 3 by memory for most countries). Should definitely be cash + by financial year end, as well as sales ramping up towards the end of this year. They also have a new ECU which is rumored to be the pinnacle of automotive engine control which will see them reach Euro 5 and beyond (no confirmed ETA on rollout). The main item to keep in mind is the fact that not many manufacturers can reliably maintain Euro 4, and as the testing for emissions does get more stringent (they are quite loose at the moment due to the fact that many manufacturers cannot meet them), a lot of the claimed Euro 4 equipment will start to fail. I have been following these guys for years, and have done my research..obviously do your own.
ACE Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
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