SMN 2.08% 49.0¢ structural monitoring systems plc

Value Upon Approval, page-83

  1. 4,623 Posts.
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    You have to remember that it will be a high margin business. Even a profit of say $15Million (Nett) could yield a dividend of 6-7c per share.

    But in due course revenue and profits will be much much higher. I know capital growth is what we are all after but this could be paying us a great income stream in the future over many years.

    For those that averaged down under 80c. You could be having a yield of 25-30% on your investment in the future.

    Other newbies will be paying a much higher price for that income stream.
 
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