Correct me if I'm wrong here. I only started looking at this today..
that guidance is for EBITDA correct? 20million...
Their market cap today is approximately 65million.. To me that seems like a very good PE ratio even with the decline..
Dividend yield if kept the same is also high today, at 8.6%.. fully franked..
Not to mention its in a defensive sector.. which as long as it keeps its NBN contracts will thrive in 2014. It lost one contract but has 5 more with NBN from my count.
Not to mention it handles Origin Solar (huge last year) as well as mobile phone connections.. its got to be one of the most defense sector orientated stocks I've seen..
Might buy some.
SSM Price at posting:
22.0¢ Sentiment: ST Buy Disclosure: Not Held
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