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.
Recent Posts
MGM Wireless (ASX: MWR) upgrade PT to $8.24 (up 600% from initial recommendation)
Topics: Technology, microcap, Recommendations, Research, Tolpigin, Announcement
Elsight (ASX: ELS) announces US$323k order - largest to-date (last trade 61.5c)
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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Justin Rosenberg
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
Email: justin.rosenberg@gleneagle.com.au
Topics: Technology, microcap, Small Caps, Announcement
MGM Wireless (ASX: MWR) announces expansion of SpaceTalk watch sales
We are pleased to report that MWR is up 148% ($1.36 to $3.37) since our recommendation 5 months ago and as per today's announcement, MWR is proceeding according to plan.
Topics: Technology, microcap, Tolpigin, Announcement
Elsight (ASX: ELS) Completes Testing with Israel Aerospace Industries
We're pleased to share Elsight's announcement this morning, representing extraordinary validation from the world leader in defence aircraft, Israel Aerospace Industries:
Topics: Technology, Israel, microcap, Announcement