Agree we are lucky to have Ross - looked a bit under the weather today and must be a tough gig given the further delays in testing, but still managed to speak open and honestly.
Was interesting to hear him say "its not plausible to see revenue being in the 100's of millions" - I am sure he thinks the blue sky is still there but ultimately those numbers wont come without multiple approvals and for multiple models. I feel we can easily push over a dollar with the APB though.
I wasn't able to attend this year but had a question prepared - just not sure if I heard it answered, was there any mention if the abundance of testing we are undertaking can be transferred to the other applications penciled in for the 737 model? I imagine so to a degree but given how Boeing are wondering if the slightest sensor design change will give them any reason to "start from scratch" with any assessment.
SMN Price at posting:
55.5¢ Sentiment: Buy Disclosure: Held
(20min delay)