Ann: SMA expands logistics business into China, page-45

Yesterdays announcement was extremely positive.

The quarterly will be interesting to see the cost base behind the growth but not much new info on revenue growth I would expect. Not sure that this will provide the catalyst for SP to shoot up just yet.

The trading could become interesting when the upfront revenue from this new contract hits. The ann yesterday used the term '....an upfront 'will' be made' which suggests it is not yet recognised and I am guessing may hit in August. IMO that will make early Sept monthly update an interesting one as they could likely combine into 'China Revenue' rather than just the billing platform which will boost the growth graph and get people excited.

I am currently out also Hidey as I have been going well with some other stocks over the past week but watching this one closely