SSM service stream limited
Add to My Watchlist 0.53% ! $1.91

Ann: Service Stream updates earnings outlook for FY16-SSM.AX, page-6

  1. crookers
    540 Posts.
    lightbulb Created with Sketch. 7
    clock Created with Sketch.
    10/05/16
    18:18
    Post #: 17727592
    The recent announcement regarding the Operating and Maintenance contract(commencing March 2016) supports that change of view -

    "revenue in first year valued at $40m and subsequent years to be at a multiple....."

    I can only find two stocks with almost guaranteed contacted future revenue indirectly funded by the Government( BSA being the other beneficiary).

    Seems to reduce the investment risk greatly imo and a PE of 16/17 should see SP around 85 - 90 in the short term.
    SSM Price at posting: 75.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS High-grade monazite-rich mineral sands discovery confirmed at Minta Est
right-arrow Created with Sketch.
NEWS Week 25 Wrap: Fed & BoE pause rates ahead of RBA; Santos-ADNOC, Oz tax reforms
right-arrow Created with Sketch.
NEWS Pilbara Exploration Identifies High-Grade Gold and Antimony Targets
right-arrow Created with Sketch.
NUZ Significant Blood-Brain Barrier Penetration Achieved by NUZ-001
right-arrow Created with Sketch.
NEWS Trident Infill Drilling Results Confirm Resource as Development Gets Underway
right-arrow Created with Sketch.
NEWS Listen: HotCopper Wire Podcast 014 – Abu Dhabi wants to buy our 'true' oil and gas gem
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Add to My Watchlist
(20min delay)
Last
$1.91 		Change
0.010(0.53%) 		Mkt cap ! $1.176B
Open High Low Value Volume
$1.91 $1.91 $1.89 $2.632M 1.381M

Buyers (Bids)

No. Vol. Price($)
1 15504 $1.90
 

Sellers (Offers)

Price($) Vol. No.
$1.92 63558 2
View Market Depth
Last trade - 16.10pm 20/06/2025 (20 minute delay) ?
SSM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.