Double 2, the moral boost you are looking for is come back and look at the share price end of March 2020. By then we will know how many major programs SMS have in fitting CVM sensors to aircraft.
Go and listen to Alan Kohler interview with CFO/COO Mike Reveley in December 2017. SMS is tracking 18 plus months behind that update to the market. What was discuss was SMS is looking at returning a dividend or buying back shares
In 12 months time, when SMS reports the June 2020 quarterly, I would expect we may get a surprise dividend payable in October 2020.
From my calculations I am expecting a 3 cent dividend. Profit at the lower end of scale will be between $4.5 to $5 million dollars.
Revenue for year to be approx $22 plus million.
$4.5Million x 0.80% =$3.6Million divided by 115,500,000 shares =$0.03 cents rounded down nearest whole cents.
The following year of 2021, you can double the revenue and triple the profit.
AEM Business is making a small profit.
SMS "Future" sensor sales is going to be mostly profit. Calculate on a 80% return to share holders.
It does not get any more simpler than this. As the Meerkat would say "Simples"
The above is all hypothetical, and any resemblance of the truth is fictional at best. Never take the advice of any poster on H.C. and always seek out the "Professional Advisors" when buying any stock on the ASX.
Unfortunately, the market is way too busy chasing lost making companies with massive "Revenue" and yearly fund raisings with no profit in sight to the tune of sending their market capitalizations into the billions of dollars! Go figure that out.
SMS true current market cap value is now $1.40 a share, at the first major capital raising way back in 2016. That will give us a market cap of approx $160 million. My plan is to keep buying shares every month. At current share price, that is 1000 to 1500 shares every month added to my already large holdings. Not quite as many as Just Bob, but closing in every month to get to that 250,000 level. I do not sell for pips. Like Just Bob, we will make more in our dividends and capital growth than all these pip traders will make in a life time. That's guaranteed.
250,000 x $20 =$5,000,000
200,000 x $20 = $4,000,000
150,000 x $20 = $3,000,000
250,000 x 0.20 cents future dividend = $50,000
200,000 x 0.20 cents future dividend = $40,000
150,000 x 0.20 cents future dividend = $30,000
Remember how any great announcement works-the potential to break above its last closing price. Sometimes shares can go from 0.90 cents after a positive announcement to above $2. If you are a pip trader-Good luck with that! "What is lost is never gained" no matter how hard you hide the fact.
GLTA
Expand
(20min delay)
