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37.5¢ structural monitoring systems plc

What do you mean Boeing's decision in June?I expect the FAA to...

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18/01/24

19:35

Post #: 71951317
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Originally posted by JUSTBOB: ↑

If you are invested in SMN you should ask yourself the following questions: -

1. Will the Anodyne business be able to support SMN until approvals are obtained?
2. Will Boeing approve the CVM technology for the aft pressure bulkhead?
3. Will the FAA approve the CVM technology for the aft pressure bulkhead after the Boeing approval?
4. Will there be demand for CVM sensors that will save airlines millions of dollars from not having aircraft out of service & in hangars for several days while they have internals dismantled, physically checking for cracks & having the dismantled sections reinstalled, hopefully without damage?
5. Will SMN be able to negotiate acceptable contracts with airlines?
6. Will SMN make sufficient profits to pay large dividends?

When I ask myself the above questions, I answer in the affirmative to each one.

Consequently, the only unknown factor is when will it happen.

If it is only a matter of time, I am willing to wait. Boeing have indicated their decision will be made in June.

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What do you mean Boeing's decision in June?

I expect the FAA to make its decision before then.

SMN Price at posting: 43.5¢ Sentiment: Hold Disclosure: Held
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