Raoul staying they have about 7 million in backlog orders going into Q4. He stated they should be able to fulfill aprox 3.5 million or so. a wonderful way to start 2022. 4 million in orders for Q1 and more orders pouring in.
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Based on my forward P/E calculations stock price should at least triple next year as long as they do not dilute it further
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Just discovered this stock yesterday - could have big revenue growth in the VR boom in the coming decade. Plus if guidance is correct this should be the last offering until profitability. Just wondering if anyone knows why this the revenues are way down from 2016-2017, can't seem to find the information anywhere?
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all semiconductors on the move. shortage of chips worldwide especially in US. billion dollar worth..go spectra7
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The additional working capital will enable us to further increase production at our semiconductor foundries and meet rising customer demand at this exciting inflection point for our Active Copper Cable solutions" said Raouf Halim, Chief Executive Officer of Spectra7. "As customer orders continue to accelerate beyond the US$7.2 million reported at the start of the fourth quarter, our revenue visibility extends well into 2022. I have never been more confident in our business outlook and believe that the future is bright for Spectra7
I'm still optimistic about the raised money. According to my friends, who follow the stock, they're trying to stockpile some semiconducters.
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nice bounce
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spectra semiconductors chips ( patent) ,widely used for EV, factories, AI, computers, 5G, radar, aerospace, hospitals, commercial establishments, camera with internt and data center.. billion dollar bullish
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#reddit might consider this company .
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up up up
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what happen?
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Spectra 7 company overview have updated. GO look at Corporate Presentation!!!
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Spectra7 Announces Preliminary Third Quarter 2021 Results; Revenue Increases More Than 400% Year-Over-Year
Not a bad end of week. Also, 420k traded short. Good days ahead
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up
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Foxconn / Lordstown Ohio Buyout / Fisker / Spectra7 What does everyone think of Foxconn buying the Ohio Lordstown plant and making 250k EVs for various makers and Fisker? Do we think this will bring more business to Spectra7. I remember in the last two meetings Raoul started mentioning possible income streams from cabling/chip tech in EVS. Of course, with Foxconn making the cables with our patented technology this is a real possibility for increased revenue.
The very highliglhts and bullish this year onward upto 2035 keep on increasing is: 1. a billion dollar worth shortage of chips worldwide ; 2 The rise of modern billion dollar mRket capital of VR/MR/AR; 3. the law of supply and demand - a billion dollar shortage of copper ( copper cable where the company is doing now) ; 4 The emerging of very fast and reliable internet speed where it shows that copper cable could give a very high speed compare to optic cable ; 5. data center ( changing from optic to copper cable) ; 6 semiconductor EV companies, e-commerce, BPO, Robotics industry, woould to change cheaper wire cable compare to optic cable but yet it give a high speed of internet ( copper cable) . This are all billions of dollars worth. The company have patented inventions, focusing on copper cable for data center, AR/VR/MR. other semiconductors to be used for phone, thin laptops , robotics and other devices for 5G to 6G internet
Total Order Backlog Over $7.2 Million Starting Q4 2021 https://spectra7.com/400percent
What does everyone think of Foxconn buying the Ohio Lordstown plant and making 250k EVs for various makers and Fisker? Do we think this will bring more business to Spectra7. I remember in the last two meetings Raoul started mentioning possible income streams from cabling/chip tech in EVS. Of course, with Foxconn making the cables with our patented technology this is a real possibility for increased revenue.
Thoughts?
https://youtu.be/GaAV9tVq0fo
CNBC link