Marketing that brings increased sales is not wasted, Dick Smith wasted millions advertising for Zip. SMA is marketing and kicking goal after goal and best yet re occurring revenues. Sales are sticky and this is why I am buying not selling and taking an already very nice profit
Lift off will be returned to holders via future dividends. May be a few years but I wonder if it might be sooner than some people expect given the ever increasing sales revenue and profit.
An interesting fact on India I noted yesterday was more people owned mobile phones than had access to a flushing loo. China reportedly has 1,276,660,000 mobile phone to 1,364,270,000 population. (Wiki statement not mine so may be invalid or valid data)
What I think is more interesting is that most of us have a computer, laptop, ipad and a phone. In China and several other places many to most have one device- A phone which meets and greets SMA or us shareholders very neatly.
Feel free to take profits as there will be many people and bigger players happy to pick up the shares today or later. I do agree negative sentiment is biting. I do not feel the Blanket wide negativity is warranted as even if China tanks internationally. Billions of people there are moving and using phones and SMA is set to prosper regardless of international trade issues. Just my thoughts do your own research of course.
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16.0¢ |
Change
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Mkt cap ! $27.06M |
Open | High | Low | Value | Volume |
15.0¢ | 16.0¢ | 15.0¢ | $1.187K | 7.488K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 60282 | 15.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
17.5¢ | 22198 | 1 |
View Market Depth
No. | Vol. | Price($) |
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1 | 60282 | 0.150 |
1 | 347 | 0.145 |
1 | 2000 | 0.130 |
1 | 37000 | 0.125 |
1 | 8000 | 0.120 |
Price($) | Vol. | No. |
---|---|---|
0.175 | 22198 | 1 |
0.205 | 9447 | 1 |
0.210 | 50000 | 1 |
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