SDV 2.08% 47.0¢ scidev ltd

The Beast is back delivering a great result. Absolutely love...

  1. 83 Posts.
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    The Beast is back delivering a great result. Absolutely love this section.

    "As the business mix of the Company changes, with increased chemical sales and a larger overall revenue base, gross profit margins are anticipated to normalise into the second half of FY20 and beyond. Long term gross profit margins are anticipated to reduce, but on growing revenues as the Company’s recent performance demonstrates."

    Fantastic to see the business maturing from a high margin niche operator into a more major operator. every bit of scale we add is helping build this business into a top 200 company within a few years. IMHO we will be in the ASX 300 by years end.
    Fundies that have been soaking on the dip of the last few days will be licking their lips at the fill they got.
 
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