Chins ideas are great but we all know that in these days skepticism is huge. Even though a LOI is in work...!
Building the Glovebox now would probably make us very happy. But this is a very old story and too many people don't believe in it anymore. Maybe because Chin made them go deep into the red numbers telling us his "no later than Q4"-story for quite a few month while he knew that nothing would happen this fast. It's not so easy to trust a CEO who is treating his shareholders like that. And don't forget all the month without any news at all. And the homepages are "in work" for several month now without any results! (http://ptshk.com/ ???)
Too many things take too long at PTSH.
Until Chin does not proof that he is not only telling good stories to sell his shares the market won't react. As soon as it does, we will make a jump within minutes (see the ASK!) that will make us forget these months of uncertainty.
Today we should get details about the LOI or some update telling us why it takes so long.
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