Hi Folks. comparing TNT with a market cap of 300 m vs Senetas...

Hi Folks.
comparing TNT with a market cap of 300 m vs Senetas with market cap of 61m ( and EV if 46m) it’s not hard to see the upside for SEN. Both stocks has similar underlying NPAT but TNT has received coverage which applauds its contracts with Govt including ... wait for it .. defence.
Now we know Senetas exposure to global defence through its encryptors but also through Thales is infinitely greater as is the revenue potential, yet when you have “ independent research” and I use the word research loosely discussing Sen with such inaccuracies below its clear what is missing is good coverage and new investment dollars . This will come and when it does we will see our rerate


Other ASX listed cybersecurity exponents include high-level encryption specialist Senetas (SEN), which has been listed since 1999.Back then, government and business leaders were more concerned about the Millennium Bug, which turned out to be a conspiracy theory created by the IT industry.A former day traders’ favourite, Senetas turned over $5 million last year but still struggles for consistent profitability (a $3.6m loss). Reassuringly, the company’s $66m market entity backed by $15m of cash and no debt.

this same researcher was bullish on TNT with its 400k quarterly NPAT and market cap of 300m due to their govt and defence business . 5m in revenue For Senetas - only 16 m off the Mark - not much lol . How stuff like that is allowed to be printed is beyond

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