SSM 2.15% $1.37 service stream limited

I sold at 2.15, will buy back at 1.80, page-41

  1. 89 Posts.
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    Can someone please explain why this is trading below $1.8? Expectations are that SSM will hit >12c EPS for the next 3 years, and if you apply a 15 PE to this EPS you get $1.8 per share..

    After the NBN 4+2+2 contract news on 18th December ($70 mill first year expectation) and 3+1+1 Telstra contract (>$100 mill first year expectation) last week, OMMA NBN contract from Dec 20 to July 21 or Dec 21 (say $100-300 mill, and increasing Comdain revenue (say >$400) I don't see how they won't hit 12c EPS come reporting time? Note there are are a few contracts I've missed.
    Unless my maths is wrong, they may hit $1 billion revenue for FY21?

    I don't have the time to record all the active contracts, can someone sift through the Commsec announcements and tabulate?

    https://hotcopper.com.au/data/attachments/2863/2863755-c1f6774f5792b2102a48176751ae2f16.jpg
 
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