MrGannI think there could be a couple of reasons for the recent...

MrGann

I think there could be a couple of reasons for the recent uptick in the stock price. 1) M2M and 2) Current projects.

1) M2M
If you look at the chart you will see the rise starting shortly after investor presentation. The presentation had a page on M2M opportunities (Page 13). Some of the M2M opportunities are massive.

If you are really keen on finding out more, do some research on the specific opportunities and keep an eye on developments if you want to get ahead of the market. I spent an hour digging and found some interesting news regarding the "DECC project in UK to provide a common communications hub covering electricity, water and gas. The total project comprises 3 regions of approximately 9 million units each." opportunity.

It appears that Vodafone were 1 of the 4 bidders to be short listed on 24-Jan-13.

http://www.utilityweek.co.uk/news/news_story.asp?id=198042&title=Decc+reveals+smart+meter+communications+tender+shortlist

The above article indicates the final winner to be announced in July.


2) The current projects like NBN and Cubic Opal Card start to ramp up this year which will boost NTCs revenues significantly.