"No surprise to see Mr Mkt coming for SSM today. Company has performed exactly like a small cap should. Be diligent with costs and get the revenue flowing in. Big order book will ensure divs are maintained. Congrats to shareholders. Hope you bought plenty a 6 months ago just after HY result when it SSM management were able to confirm strong outlook. The ASX desperately needs more small caps like SSM although over past 6 yrs this company has had its share of woeful CEO's/senior management. Strong Hold."
Since then SSM has signed a couple of major contracts, ann increases in margins and other positive news re the interim next month and for FY16. Mr mkt came for SSM in a big way and SP rose to 52c. Weak ASX has seen SP weaken over past week despite nothing that is company specific.
I've waited on sidelines and stepped in and bought a parcel this morning. Current CEO far superior to his predecessors. Anyone else buying this small-cap? I'm confident the interim will 'surprise' mkt when released.
SSM Price at posting:
43.5¢ Sentiment: Hold Disclosure: Held
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