We're pleased to share the following update regarding, Elsight Limited, a fast growing Israeli technology company, disrupting over 6 industry verticals, including autonomous vehicles:
A. TMT Analytics has just released their research report and video (click on the links for each) on Elsight Limited (ELS.AX) with a price target of $2.60 within 12 months (last trade $1.65; IPO 6 months ago at 20c).
Supporting their price target, the report includes financial scenarios on ELS':
- Israeli tender. ELS won a four-year tender with the Israeli Ministry of Public Security. This includes the Israeli Police, Fire and Rescue services as well as Prison Services.
- alliance with HikVision, the world’s largest manufacturer of video surveillance products
B. Today, ELS also announced their updated investor presentation and that Zvi Hauser, Adv., will be joining the Elsight Advisory Board. He has experience in senior relations with world leaders and governments as well as a wealth of experience in Israel’s communications and broadcasting market. Currently serving as Special Counsel and a partner at Goldfarb Seligman & Co. in Tel Aviv, Zvi heads the firm’s Communications and Media Department. He was Israel’s 17th Cabinet Secretary (from 2009 to 2013) under Prime Minister Netanyahu and was appointed Chairman of the Cable and Satellite Broadcasting Council in 1997.
C. Roadshow in Sydney and Melbourne this week: The Board and Management are in Australia, from Israel. Please let us know if you would like to attend one of our group presentations or would like to arrange a meeting. Gleneagle is hosting a boardroom lunch presentation at 12.30pm Thursday 30 November 2017.