Short Term Tradings Week Starting: 16th Oct, page-154

  1. 6,683 Posts.
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    MWR - MGM Wireless Ltd
    Just launched their Spacetalk wearables device for children. Who wouldn't want one of these to help keep their children safe?

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    The company is well managed with a history of profit making, and dividends being paid.
    Downtrend has just been completed, with a new uptrend clearly taking shape.

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    Company is forecasting selling 10,000 to 20,000 units.
    The price - $429 - OUCH!! - plus $5-$8 per month sim card - OUCH OUCH!!!!
    ...and it's not waterproof.....that's right.....not waterproof - on a kid - remember to take it off little Johnnie before you jump in the pool. Yeah right........

    Solid little company the market seems to have forgotten about. Just not quite perfect........maybe there will be a version 2.0.....or a budget version if there is more than one kid in the family.

    Worth watching.
 
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