Hi RJ......one thing I always ask myself....vis-a-vis investing....is not so much where things are right now, but what does the future look like for my investment?
Its interesting. We tend to look at real estate, business, and dividend stock investing as long term. Why? Because we are inclined to believe that our economy is always going to be on the rise over that same long term.
The lessons learned over the last ten years may be changing that dynamic.
The other dynamic I find interesting is that most investors get more comfortable investing in a stock that has rising pps, and less comfortable investing in a stock with a depressed pps. Not taking into account what the real value is of the particular stock.
In any event, I agree with you on FASC now being "on the edge".
How I interpret that statement is as follows, in terms of what has happened/is happening this year.
The groundwork for Japan has been laid down over a period of 5 or so years, starting with the pursuit of a licensee there, the establishment of SteelPlantech as that licensee, their demo site and further development of the KDS in R&D and manufacturing operations, and the start of their own commercialization of the KDS in Japan.
The result is that this year, FASC has its first multi-KDS operation in place in its biomass recycling center in Japan, via Steel Plantech.
The groundwork for Malaysia has been laid down over an even longer period. In this one, it started with the pursuit and finalization of a JV partner, the development of the demo site and manufacturing operations there, setup of relationships with resellers, etc.
The result is that this year, their large Malaysian partner is now ready to start commercialization of its first KDS-related project.
The groundwork for MnVap was set quite a few years ago too, after MnVap first got wind of the KDS following its own failed project.
More R&D, permitting issues, obtainment of grant money, etc.
The result is that MnVap now is in the process of building its own plant with the KDS (s) at its core, and readying plans to develop more such plants down the road.
For all the above reasons (along with the increased overall sales for this fiscal year already), this is becoming a culmination year for FASC.
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