Just some Saturday morning thoughts folks. These valves could be...

Just some Saturday morning thoughts folks.

These valves could be part of their manufacturing business model. Rather than sell Jongia machines Titomic could manufacture and sell these Ball Valves themselves for recurring revenue.
Just like Metro Trains opting not to purchase a machine but to send Titomic damaged Motor Shafts for repair (which we are led to believe is work in progress). Would be interesting to know what the bill is for one shaft repair.
Now Thales has also popped up with announced $2B maintenance contract for which revenue possibilities for Titomic are real.
Add to this recent Airbus and EPCOR contracts…plus work in progress with Boeing.
They also have Triton lurking and dare I say Repkon dangling.
A NEOS replacement may also be on the radar..!

So yeah… maybe 2.4c is cheap…