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Dr David Chew was covered by Edge (10 Aug). An extract from Edge describes Dr Chew recounting a team from a major airport in Paris came to Changi Airport to test the iFerret. "A member of the group placed his Omega wristwatch, which costs USD 5000 on the runway after telling Chew that the iferret would not be able to detect it at night. The system immediately identified it on the runway."
Within the article, Dr Chew also joked that the member of the team was lucky not to bet his watch. I bought a copy of Edge. Its a good read. Hopefully, they rise to the "stratosphere" with the new projects incoming.
Its quite insightful. Stratech has good products on their shelves. The next hurdle is sustaining the stream of projects in the pipeline. With new airport contracts, this also spins up new streams of recurring income, though their maintenance contract for the iferret system and also high likelihood of getting a chance to earn additional revenues from upgrading of the iferret from time to time. Entering the first airport is surely difficult. I think they have a good and (seemingly) winning formula to win contracts for Dubai, HK and Miami airports. With these major airports in the resume, the new airport contracts should should be easier to win.
With market cap exceeding 140m sgd, they have risen quite substantially from mere 40m sgd in less than a year.
I did a search on sgx. Seems like the quarterly results still not available. Its interesting to see how the changi airport and HK airport contracts have contributed to the group revenues and earnings.
Within the article, Dr Chew also joked that the member of the team was lucky not to bet his watch. I bought a copy of Edge. Its a good read. Hopefully, they rise to the "stratosphere" with the new projects incoming.
Its quite insightful. Stratech has good products on their shelves. The next hurdle is sustaining the stream of projects in the pipeline. With new airport contracts, this also spins up new streams of recurring income, though their maintenance contract for the iferret system and also high likelihood of getting a chance to earn additional revenues from upgrading of the iferret from time to time. Entering the first airport is surely difficult. I think they have a good and (seemingly) winning formula to win contracts for Dubai, HK and Miami airports. With these major airports in the resume, the new airport contracts should should be easier to win.
With market cap exceeding 140m sgd, they have risen quite substantially from mere 40m sgd in less than a year.
I did a search on sgx. Seems like the quarterly results still not available. Its interesting to see how the changi airport and HK airport contracts have contributed to the group revenues and earnings.
The thing I am scared most is not nightmares or market crashes..... Its my greed that I fear the most.
When people ask what is my target price, I never have any good answer for it because Philip Fisher said before (in Common Stock Uncommon Profit) that the best time to sell is never. Equity investment is buying into ownership, not betting slips.
The path to greatness and wealth is necessarily dangerous.... because greed is a fearsome fore that threatens your success at every step.
When people ask what is my target price, I never have any good answer for it because Philip Fisher said before (in Common Stock Uncommon Profit) that the best time to sell is never. Equity investment is buying into ownership, not betting slips.
The path to greatness and wealth is necessarily dangerous.... because greed is a fearsome fore that threatens your success at every step.
