SMN 5.63% 37.5¢ structural monitoring systems plc

Watched it and thought it was so ho hum. No exciting snippets...

  1. 609 Posts.
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    Watched it and thought it was so ho hum. No exciting snippets thrown our way. He was right in saying we have not increased safety as there has always been a crack detection in place,NDT. But our sensors do offer extra in safety when you don’t have to tear down structure to get to areas to do tests, removing that human error like forgetting to to insert bolts. Plus the regulator could easily add more inspections into the mix because of reduced costs and time frames to carry them out.
    Not much offered on where we are with Airbus, all interest remains with Boeing. Pity on this as he did say there were only two OEM,s worth dealing with, Boeing and Airbus. I understand he can’t bag Boeing over their present problems as they are and always will be an important part in our business. I felt he knew more on what’s happening in Boeing but did not want to elaborate.
    We where warned of another capital raise, more dilution coming.
    June to end of year still indicated for that Boeing decision to remove that pending on the APB application.
 
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