SMN 0.86% 58.5¢ structural monitoring systems plc

Ann: 1 for 12 CDI Entitlement Offer with free attaching Options, page-60

  1. 3,024 Posts.
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    Hi Folks

    Good pickup on the prospectus error. Its been corrected S**t happens.

    As at this point I have a number of great stocks that have grown, but after the FAA STD approval of the CVM installations for the WIFI GOGO,

    I have no stocks with greater promise. There will be a series of announcements over the coming year concerning B737-800 installations across a number of airlines, contracts, time lines of supply, and income projections and maybe Boeing installing into their new aircraft. Also we are next dealing with WIFI GOGO in Airbus and Embraer aircraft both retrofitting and for new aircraft. Just the WIFI installation on the two Boeing B737-800 craft excites me, but what of the other airlines?

    Boeing seems to be very keen on the next CVM installations project on the very high service cost area of the APB safety inspections. Now maybe just maybe the APB CVM FAA approval will come before the options exercise date of 6 Apr 2024. What then at a cost of 1.20 for each option , what will be the benefit.

    After the very first approval of CVM tech by the FAA the boundaries are endless. SMN current focus is just on two areas of the aircraft. What next? May I suggest the next highest cost safety inspection area.

    Just my opinions, as always DYOR.

    cheer Lies
 
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