SAS SP, page-591

A very exciting week for all – well done every body. To cover a few things mentioned during the week…………

20c psychological hurdle is almost cleared - the next maybe, 50c. . I think the bigger hurdles are yet to come. Like the “$1Billion” hurdle. Once all shares come out of escrow at end on May next year, they’ll be just over a billion tradable SAS shares. At $1 per share, that would put SAS at only 1/54 the current market cap of Telstra.

SAS makes money by facilitating the connection of an additional 3-4billion people on the planet. Providing them with opportunities they could only dream about. SAS would have very limited on-ground infrastructure and human resources. Telstra on the other hand, facilitates connection for a mere 14+million by comparison, has massively expensive infrastructure to upgrade continuously and maintain, coupled huge employee overheads. Our overheads compared to Telstra are way less, even accounting for the constant evolution and upgrading of the 200+ constellation.

The SAS business plan focuses on the economies of wholesaling, to providers like Telstra, who are by comparison very top heavy & cumbersome ‘retailers’. I know which business plan I prefer!

Dual listing in US – I covered this in a previous post - it simply is NOT going to happen! We have no need. We don’t need US bucks & we don’t need the ‘moopoo’ associated with a US listing that takes a lot of time and costs a lot money. If ‘they’ want in, they’ll have to find their own way in via the ASX and buy at market. Dual listing in the US, forget it!

Overall, this is a unique stock that is still for the greater market, flying under the radar. Those who choose to trade it via their pre-selected technical & analytical moving averages, volume and band based jiggery-pokery, do so at their own peril. As with all stocks, it is so much easier to buy in than sell out. The ‘exiting’ issues down the track are often never even contemplated until it is too late. Develop your exit strategy now. You can always massage it along the way. Above all trade your plan and stay connected with current company and global events.

Enjoy the ride – making money is not a crime. Maximize your return safely, and enjoy!​