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?
Can someone please explain why this is trading below $1.8?...
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Last
$1.62 |
Change
0.035(2.21%) |
Mkt cap ! $997.8M | |||
| Open | High | Low | Value | Volume |
| $1.59 | $1.62 | $1.58 | $7.805M | 4.890M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 54950 | $1.61 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.63 | 17365 | 3 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| SSM (ASX) Chart |