Reply to @bgting : Thanks for sharing this important news pal! I wasn't aware that Dutech's customers are in the midst of merger till you bring to my attention. I only know Dutech fullfills over 50% of the safes demands from $DIEBOLD INC(DBD) & Wincor. If both $DIEBOLD INC(DBD) & Wincor Nixdorf combined, they would overtake NCR to become the world's biggest ATM maker. I think the $1.8 billion acquisition will give $DIEBOLD INC(DBD) the opportunity to tap on Wincor's europe customers which to them is a fast growing region. Hope this merger will bring more business to Dutech. XD
Sold at 38 cents at opening today.
Reply to @Flyingfox77 : Did you check NCR and Gunnebo? :)
NextInsight Article
http://www.nextinsight.net/index.php/story...
Direct link to CIMB Report
https://brokingrfs.cimb.com/t-dy1Up9MQAnTA...
$DIEBOLD INC(DBD) and Wincor Nixdorf released quarterly results on 28 July. I believe should keep tabs on the customers of this company. They are in the midst of merger. :-)
http://phx.corporate-ir.net/phoenix.zhtml?...
http://www.wincor-nixdorf.com/internet/sit...
Reply to @bgting : Thanks for sharing this important news pal! I wasn't aware that Dutech's customers are in the midst of merger till you bring to my attention. I only know Dutech fullfills over 50% of the safes demands from $DIEBOLD INC(DBD) & Wincor. If both $DIEBOLD INC(DBD) & Wincor Nixdorf combined, they would overtake NCR to become the world's biggest ATM maker. I think the $1.8 billion acquisition will give $DIEBOLD INC(DBD) the opportunity to tap on Wincor's europe customers which to them is a fast growing region. Hope this merger will bring more business to Dutech. XD