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[littlejohn]

GRRR $5ish, was almost $70 in July,2023

after announcing big Egypt contract...

https://www.barchart.com/stocks/quotes/GRRR/interactive-chart

https://finance.yahoo.com/news/gorilla-technology-signs-contract-deploy-210000935.html

Chit hitting the fan in that region has

been a negative drag on share price...

Has potential to recover in November

if voters kick out some of the Democratic

war party politicians...

Red Sea shipping restrictions have hammered

the Egypt receipts from Suez Canal traffic...

https://www.imf.org/en/Blogs/Articles/2024/03/07/Red-Sea-Attacks-Disrupt-Global-Trade

Turkey halted trade with Israel is a first

step in fronting against West backing the

Israel violence which boosts reasons

for Iran to be aggressive...

Turkey will more than make up for export

losses to Israel when they start exporting

more thru Egypt and Jordan to start the

long Gaza rebuild process...

Long post about only one little minnow in

the pond getting affected negatively...

Ai programs are projecting EGP value

to rebound by year end...

EU countries already pegged rights to

develop prime coastal property along

Egypt coastline in an aid package...


peon thesis...EGP should rise again...

Many large companies are expanding

in India where GRRR is focused on

growing employees in 2024...

India manufacturing is chosen to dodge

some possible China risk factors...


So we watch...LJ