>>22800509in the simplest terms it's basically very cheap labour for scanning video footage for you, a very simple application that saves $millions literally, or make $millions in some cases (e.g. automatically collect evidence to ticket a driver passing a stop arm)
as cheap as $3K to outfit a bus with ai dashcams with a very cheap $300/year subscription, to as expensive as $30K/train and similar recurring services
they've finished building out the data center recently, one of the reasons TTM bled a bit of money compared to the 3 years before that (while 2021 was red cause of COVID -> schoolbuses ded), plus the tariffs bullshit got sorted out so almost 10 contracts just got confirmed within 3 weeks
CEO has been amazing in keeping the balance sheet healthy, one of the reasons ive felt so confident to just keep adding into my position since 2020 (started with 10K position while I was riding other plays)
it just so happens by 2025 i dont really have any better ideas to put money into, no appetite for buying LEAPS into bluechips anymore (my last LEAPS were into oil and JXN), maybe im retarded but i feel like a PENNYSTOCK is the best risk-reward for me now over those previous plays i used to go with
i mean even with JXN it took 2-3 years for that value play to pay out while it languished around $30/share for a long time even though from the start everyoen could see its book value per share was $100/share
imo i feel like ai dashcams as a value play is finally waking up after 5 fucking years, i mean theyve already proven they can achieve profitability already at such a small scale, just that recent development needed more aggressive development for the coming opportunities with FRA legislation on trains
