Saturday, October 21, 2023 8:39:16 PM
EONTEC is not a large company and its revenues/earnings have not exploded as expected.
DONGGUAN YIHAO METAL TECHNOLOGY is privately held but EONTEC is a major stakeholder so success at YIHAO should show up in EONTEC’s numbers. I see no evidence to confirm the expected activity.
SANXIANG ADVANCED MATERIALS has been mentioned as the supplier of BMG alloys to EONTEC and YIHAO but their financial results are less than stellar also.
So the real question is ..WHO IS BENEFITTING FROM ALL THE HINGE BUSINESS? IS THERE A STEALTH COMPETITOR OUT THERE?
Are the product announcements for real or is it possible we are being “head.faked” and the volume hasn’t materialized as yet?
Recent LQMT News
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