Forum Topics MPW MPW Thoughts on this one?
Chalky1610
Added 5 years ago

Canuck/Aust - Well done for providing positive contribution to someone reaching out for advice and thoughts on the matter. It is an absolute disgrace that the same members of the Wolfpack betated the individual by rendering him thumbs down when this site is about helping and assisting.  You have gained a little bit credibility, shame about the two disgraceful individuals. 

My take on a company relates to the recent memorandum of understanding with the Koreans which would significantly expose product but also provide significant revenue through technology and the procedures of their products through manufacturing of military equipment. The company looks interesting and may keep a close eye on this Coy, but fear of the MOM into signed production contracts to eventuate seem to be putting pressure on the share price. 

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Hackofalltrades
Added 5 years ago

Just saw the interview on small caps - seemed interesting, though competition/copying from the CCP seems to be potential weaknesses  - any thoughts on this one? 

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CanadianAussie
Added 5 years ago

I had a look awhile back and the financials were not attractive. From memory, I believe they have company options available.

Their welding as a service (WaaS) revenue model is interesting; I believe they loan out the equipment & charge by meter welded (but double check this as I could be incorrect). Be mindful of your circle of competence with this one. Their machine, while incredibly fast & efficient, can only weld certain styles and this is probably where you'd need to figure out if the addressable market for this particular style of welding is attractive or not & if there's product market fit.

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