Sirius,
I`ve just read the full report, puts down management for ineptness, poor management e.t.c.
Pretty much states TKO is a has been and other companies coming forward, nothing new to us long termers that bit!!
I also think their figures are wrong, they state estimated earnings to be $11 million for 07, TKO have PR`d they will do $25 million, soon to be increased to $34 million with the two new acquistions.
Goes on about TKO being very good at spending money, no good at getting the contracts and a massive cashburn, but we all know that from MST being roughly 75% of their annual cashburn, hopefully with the rumour of MST going away, cashburn will change.
I am waiting back from the person who e-mailed me a copy to see if I can post it or not, not heard back before I`ve posted here. Will post if he allows me.
Many bad points, hardly any good points, words it that TKO are playing with minor contracts with the govt e.t.c.
It is interesting to see who the analyst, I won`t say anymore, but Sonny may recognise the name!!
Take care,
GLL
Disclaimer:-
I have no affiliation with TKO, it`s employees, management nor its` Public Relations Companies. I invest purely on my own Due Dilligence and/or from my broker and I understand I can make or lose monies on my investments.
I confirm I live in the uk and I am in no way connected to the American Stockmarkets, Nasdaq, Amex e.t.c. and nor am I in any way affilliated to any brokerages either here in the UK or the States. I confirm my line of business here in the uk is not connected to any money markets, stock brokers, normal brokers and all monies I have invested in America are purely mine from savings, property sales and uk property investments. I have recommended several business colleagues and acquaintances to my broker, of which all are not in anyway connected to the financial industries.
