Hi! I read this forum a lot for advice and guidance, but haven't felt the need to post until now.
I invest in foreign shares, not just US, and I've been tracking a company in Sweden called Tobii. The price seems down, and I'm not sure what I'm missing:
- The market leaders in eye tracking technology
- 2 solid, profitable business units that arguably support the current valuation on their own
- A growth, consumer electronics, focused business unit.
- Eye tracking technology is widely regarded as a must have for VR and AR devices.
- Their 3 main competitors have been acquired by Apple, Google, and Facebook in the last 2 years.
- They have announced they are actively working with 5 major customers for launch in 2018/2019, and in dialogue with a potential 10 more.
To me it seems like a perfect storm for a tech breakthrough, but the price continues to gradually go lower, and lower. The best I can tell is the market is weary of waiting for actual announcements of partnerships (they do have laptops out with Alienware, Acer and MSI though).
I can't help but feel that if this company was based in Silicon Valley, and listed on the main NASDAQ, it would be much more hyped.
I'm not a technical analyst, I invest based on my overall view of a company's prospects, and probably I look at it a little too simplistically. So if anyone has any thoughts, I would love to hear them.
Submitted February 08, 2018 at 10:14AM by LZCam http://ift.tt/2Edq57J
