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

  1. crookers
    540 Posts.
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    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
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