Just bought in at $1.15. Worth a pint at this price. PE 10.55,...

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11/03/21

21:24

Post #: 51704002
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Originally posted by acwmr ↑

IMHO the skills that SSM bring to the table are likely not widely available from run-of-the-mill construction companies.

A lot of the work tends to be done on an alliance basis, with risk&reward sharing and kpi's for various important variable outcomes like safety, efficiency.

A good integration with customers business is impacted by the duration of the relationship and the day to day rapport and knowledge of the technical aspects of customer business.

Of course some of the best key people may be lured away to a competitor keen to break into the customer's business, but the best employees have skin in the game and stand to lose by moving away from unvested incentive awards they could otherwise forfeit by moving.

I seem to see a lot of SSM and Comdain signed vehicles around and the people in them look well presented and purposeful.

Could be some heavy confirmation bias manifesting here, I know!

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Just bought in at $1.15.

Worth a pint at this price.

PE 10.55, decent divi yield.

Economies opening up.
I bought Austal for the same reason when they hot rock bottom.

These companies win tenders and their SP reflects doom and gloom, so it's mostly priced in.

Hopefully up from here.

SSM Price at posting: $1.16 Sentiment: Buy Disclosure: Held
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(20min delay)
Last $1.98		Change 0.038(1.93%)		Mkt cap ! $1.218B

Open	High	Low	Value	Volume
$1.97	$1.99	$1.96	$1.096M	554.9K

Buyers (Bids)

No.	Vol.	Price($)
43	61748	$1.98

Sellers (Offers)

Price($)	Vol.	No.
$1.98	43430	13

View Market Depth

No.	Vol.	Price($)
19	46327	1.975
34	58651	1.970
27	61236	1.965
18	99666	1.960
9	25180	1.955

Price($)	Vol.	No.
1.980	58406	11
1.985	92863	11
1.990	111266	12
1.995	36449	9
2.000	106543	22

Last trade - 12.48pm 18/06/2025 (20 minute delay)

SSM (ASX) Chart

Just bought in at $1.15. Worth a pint at this price. PE 10.55,...

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Just bought in at $1.15. Worth a pint at this price. PE 10.55,...

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