Australia's largest stock trading and investment forum Australia's #1 stock forum

SMN

3.57%

58.0¢ structural monitoring systems plc

Assessing Performance - CVM 737 APB, page-9

First 9 Last

Share
Profile

Follow
DrDazmo2

126 Posts.

107

31/12/23

20:53

Post #: 71678177
Share

Originally posted by OptiontraderMGR: ↑

Data: The evidence of facts summed up in Data to explain the unexplainable! Data, the most important truth known to man!

I can you all a story and the data would tell me very few on SMN would have any idea about this amazing true story.

But before we get into that, let's go back in time and examine the SMN share price close on 31/12/2022 one year ago.
$0.625 cents.
$0.495 cents. 31/12/2023
So over the last 12 months, SMN has continued to get closer to APB approvals?Yes OR No?So over the last 12 months, the business has improved its revenue stream from $15.7 million to $22.4 million Yes OR No?Source www.asx.com.au
So over the last 12 months, SMN has improved its way of controlling each business revenue stream into three separate divisions within SMN business structure Yes or No? So over the last 12 months, SMN business has followed the Boeing & independent engineers into providing DATA of CVM sensors under testing conditions through coupons and submitted these results to Boeing. Boeing has also completed all their testing using CVM sensors within another laboratory testing station and has passed all results with improved data beyond the original test standards. Yes OR No?
So over the last 12 months, the SMN share price with the help of its recent capital raising is devaluing its value down on a rapid rate of knots! Yes OR No?The question for which I am going to submit an email of concern to SMN management is about raising equity in the future to an Industry Aviation Company. Start looking now instead of waiting forever.

I know, we have excuses that is why we cannot do it now! I know, just like when you sit interviewing your new personal to join SMN. The employer is always concerned about the 'Excuses" The First question at the interview by management is "Why are you NOT able to start in 4 weeks"? Well, I have an excuse for getting to work on time! Management: Son, you are hired! Just what we are looking for, the best excuse of the day.

Data, Data, and more Data an Engineers/statisticians dream!

https://www.tiktok.com/@realvikasmalkani/video/7283859076906372354

Good Luck

Expand

Hi Opti,
Mostly agree, but who said the market was rational when it comes to valuations?
On the bright side, if everything was rationally priced, there would be no opportunities available.

Best wishes to all for a happy & healthy 2024.

Cheers
DrDazmo

SMN Price at posting: 49.5¢ Sentiment: Buy Disclosure: Held
16 Upvote

0 Great analysis

Reply

Top Stories

PEC

Perpetual sniffs TREOs beyond 4000ppm at Raptor play in Brazil

MM1

Geochemical work at Newington picks up gold and copper anomalies for Midas

BGL

Bellevue aims for 45% production increase by FY 2028, announces $150M placement

TRP

Tissue Repairs soars nearly 32% on TGA approval for wound healing gel

Capital raisings wrap: Brainchip, Ovanti, Lake and VHM