Their biggest customer is now 61% of SIP's revenue (exclusive of biggest), and has a growth rate of about 10-15% versus SIPs of about 5 to 10%. In three years time Chem-mart might even be bigger than SIP in revenues, and this will be interesting when it comes to negotiations. I don't really think much of the guidance being at least 5% U EBIT for two years. I think this is worth about 80c - but has been ramped by the buyback possibly. I think the buyback will support the SP a bit, but shorted it anyway - see what happens.
- Forums
- ASX - By Stock
- Ann: Market Update
Their biggest customer is now 61% of SIP's revenue (exclusive of...
-
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SIP (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online