RYG 0.00% 3.3¢ raya group limited

Shell Gains Leverage to $1TN IoT Market, page-3

  1. 9,072 Posts.
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    At the end f the day we know the IoT market will be huge. For RYG capturing a share of this market is what will underpin SP growth, so meetings its target is a key here. First revenue for RYG is said to be in July 2016, so need to know who the chippie is soon. A strategy to revenue - i.e. and by that I mean signed contracts, repeat signed contracts - is the key. Everything else like size of the IoT market essentially means little for RYG unless RYG captures a share of it. Even 1% capture will be huge. Anyway see this as a high risk high reward stock hence why I remain in, but also recognise you can lose a lot of money here so free carry a key too.

    Hope we have good institutionals on the share registry after relisting. That will provide a basis for the market to understand how seriously investors are thinking that IoT will get a share of this market in the first instance. But meeting targets is the key to SP growth into the future.
 
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