SOM 2.86% 36.0¢ somnomed limited

I thought the results were on track . Unit sales up around 17%...

  1. 78 Posts.
    I thought the results were on track .
    Unit sales up around 17% over the last 3 mths . I would be happy if that continued . OK , next 3 mths sales slow ,but this happened last year , and summer holidays do play a major part in health spend in US .
    I know from working in the field that MAS treatment is slowly gaining more and more acceptance . I expect ongoing growth for many years to come . SOM is the best MAS by a mile .
    Revenue up only slightly but hit by high aussie dollar. March - end of june , aussie went from 60centUS to 83 cents US. Most of the sales in US$ .

    I think the "sleep" conference was important and will generate more sales in the long term .

    I thing in 1 yr this could easily be a 6-7 cent share . I would be happy with that kind of return 300%

    What do others think ? Have i read the report right ?
 
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