We're pleased to report MWR's announcement today, including:
We're expecting MWR to bounce after their positive sales update announced after market close yesterday.
We're pleased to share today's ASX announcement that ELS received its first large order from its French-based partner, Alrena, in the new Telemedicine vertical.
Thanks to the good offices of Nadaisan Logaraj, recently appointed Director of Elsight (proudly introduced by Gleneagle!), Elsight announced today that Mr Khoo Boon Hui has joined Mr Ami Sagis on Elsight’s newly formed Advisory Board. He is currently an Advisor to INTERPOL and holds advisory and board positions in Banking, Healthcare, Defence, Security and Philanthropy as well as on Singapore’s National Cybersecurity R&D Programme International Advisory Panel and the Global Commission for the Stability of Cyberspace.
As announced to the ASX on Friday after market closed, Gleneagle is pleased to share with you the link to the webinar of Elsight's (ASX: ELS) first Quarterly Investor Briefing on Thursday 8 November 2018.
The presenters (and their location at the time of the briefing) were:
- Nir Gabay, CEO (Tel-Aviv)
- David Furstenberg, Director (Tel-Aviv)
- Howard Digby, Director (Perth)
- Roee Kashi, CTO (London)
- Justin Rosenberg, host and Corporate Adviser, Gleneagle Securities (Sydney)
As was announced this morning, Elsight's (ASX: ELS) Inaugural Investor Briefing Webinar starts in 30 mins (at 4pm AEDT).
Here is my latest upgrade (Price Target increased to $8.24 (up >600% from our initial PT 5 months ago; currently up 250% since then) to my MGM Wireless forecasts and valuation following the successful rollout of the SPACETALK watch to Spark NZ - a major achievement - and the very positive Trading Update. The performance of MGM and their success in the new wearables category for kids continues to exceed my expectations.
We are pleased to report that Elsight Ltd (ASX: ELS) announced today its largest order to-date: a US$323k order to its partner, Traffilog to "the same UK security agency project as in the first order."
ELS is getting traction in:
- Defence, Security and Transport,
- in Israel, UK, Asia and expected to be the USA based on the number of trips they've made to the USA this year.
Please click here for the full announcement.
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Corporate Finance - Executive Director
Gleneagle Securities (Aust) Pty Limited
Level 27, 25 Bligh Street, Sydney NSW 2000
Mob: +61 414 450 154
Ph: +612 8277 6683 | Fax: +612 9475 0154