Imajica, whatever the price structure is, we already know that each airlines will be savings massive amount of money in loss downtime in earnings due to schedule maintenance checks.
If SMN can sign up Southwest Airlines early next year, this will seal the technology for me. They have a massive fleet of Boeing B 737 aircraft.
From my calculations using a low case base, I have SMN paying back to long term stake holders in dividends the following:
APRIL 2019 3 cents
OCTOBER 2019 10 cents.
This is very possible if SMN signs up Southwest early in 2019. (Febuary / March 2019)
SMN is currently manufacturing 2,000 sensor per month.
12 months × 2000 sensors = 24,000 sensors.
If you are anywhere near the price of sensors + Equipment 24,000 sensors + Equipment × $4,000 = $96 million dollars.
The tech is revolutionary. SMN is the most underated, the most undervalued stock on the ASX.
To put SMN market cap ($ 142.5 million) in perspective, go and research any of the 2,000 + stocks on the ASX and tell me how in the world is SMN invisible?
SMN cannot even compete against companies going broke!
I know of stocks that have a market cap above $200 million that are struggling big time. Any profit is light years away.
Also I have found a stock that had a market cap in excess of 3.2 billion dollars and has yet to make a profit!
If the market is that clever, what does the market need to wake up?
It does my head in. We are being held down. My value of SMN with all available data at hand, tells me we should be at $2.50.
Southwest Airlines deal will make this happen, irrespective of what the manipulators think! Mark my words
GLTA
Seek advice before buying any share on the ASX.
FOMM.
P.S. CVN msrket cap is above $600 million. The market can calculate the value of a resource in the ground, that will take years to extract, but cannot calculate the dollar value of CVM sensors about to be installed on every Boeing B757 & B 737 in Delta Fleet and the coming deals in the not too distant future? Go figure?
Dumb & Dumber show.
SMN Price at posting:
$1.25 Sentiment: Buy Disclosure: Held
(20min delay)