SMN has favourite potential at Melbourne Cup winner odds.
Bernborough was once beaten @ 40-1 on in a 3-horse race. What chance has CBA got in beating SMN? I would suggest zero chance.
SMN has only two steps remaining to obtain final FAA approval for stress cracking detection sensors to be installed in the aft pressure bulkhead section area of aircraft. 1. Boeing's submission of the full Service Bulletin and Compliance Report to the FAA. 2. Final approval and certification from the FAA for this application.
These two steps are due for completion later this year. Once completed, the current share price will be multiplied several times.
The CBA share price, on the other hand, is restricted. It has reached a stage where it has outstripped its dividend & the yield of less than 2.86% is far less than bank interest. The share price is likely to stagnate, waiting for the dividend to catch up & that will take years. In the meantime, a major market correction could see the CBA share price fall 25%. In 1987 the market fell by twice that amount.
CBA Price at posting:
$162.67 Sentiment: Sell Disclosure: Not Held
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