Cash Flow Positive, page-65

If you refer to an earlier post of mine on August 1, I related earnings of $154 million to a $20 share price with a P/E of 15.

It is quite likely that if SMN succeeds & increasing earnings occur then it is not beyond expectations that a company with these increasing earnings could very likely have a P/E of around 25. This being the case then you would expect a share price to be in excess of $33.00 or conversely, earnings of about $93 million & a share price of $20.00.

This situation should only occur when a number of the tier 1 airlines are just about fully outfitted with sensors. This could take several years to occur.

It all depends on how long it takes to have the aircraft available & how many centres are able to fit sensors.