SSM service stream limited

They've steadied the ship by focussing on what they do well, and...

  1. 2,958 Posts.
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    They've steadied the ship by focussing on what they do well, and only contracting work they can confidently make a profit on.
    Their mgmt (and many investors) are still smarting from the massive stuff-ups and payouts of the last 2-3 years.
    The future looks bright, not blue sky but a hell of lot bluer than recent times.
    Good on mgmt. Hope they keep it simple, keep winning profitable jobs and keep building the robustness of the balance sheet.
    If they can do that for another 12-24 months I still think they are a T/O target for a bigger fish.
 
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