RYG 0.00% 3.3¢ raya group limited

So Xped is gettng many excited being in the IoT space... of...

  1. 632 Posts.
    So Xped is gettng many excited being in the IoT space... of course they will have a long way to go but their revolutionary patented ADRC Technology platform indeed sounds very exciting when it comes to security and portability. They claim their patents are being cited by Apple and Google.

    Been doing some reading and the future of IoT certainly does look massive. A quick google news search will reveal how much of a buzz IoT is generating and also from the aqcuisitions front . Every major player is getting on the bandwagon including Intel, IBM, Verizon, Samsung etc. Actually Cisco have said that by 2020 there will be over 50 billion devices connected. To put into perspective today there are 2.6 billion smartphone subscriptions globally.

    https://www.google.com.au/search?q=IOT future&source=lnms&tbm=nws
    https://www.google.com.au/search?tbm=nws&q=IOT acquisition&spell=

    Another IoT stock in London has surged almost 6 times since 2012 , now with a 700$ mc and PE of 36
    http://gulfnews.com/business/sector...you-ve-never-heard-of-just-rose-500-1.1598859

    Do you guys think RYG has what it takes to be a multi bagger in the making and a possible acquisition target ? They got great management , They are conducting trials and ready to be commercialized..
    Would be great to hear opinions about mc , pros and cons. and potential.
 
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