SNN sonnet corporation limited

yak's pick!!!!!!!!!!, page-6

  1. 2,922 Posts.
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    re: yak's pick!!!!!!!!!!maybe 100% gain This is an interesting stock to watch.
    I was very keen on it at one stage, but realised that I was taking a large risk because of one major client providing 80% of the companys profits.

    There were a few touting an increase in the Div payment this half year, but I see that SNN have opted to stick with the previous level of 1.5c.

    SNN have made a couple of small company purchases (using stock) in the last 5 months, but have not announced a new major client for at least 18 months.

    My view is it's a 50-50 gamble, it could well be a great investment.....but until they can display a broader range of clients, the risk remains.

 
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Currently unlisted public company.

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