These Sma threads are just rubbish. They usually start with Goldrush posting a fluff article inferring this is the next great opportunity that exists. Then Souse calls out Goldrush for posting rubbish and then you all pile into Scouse beause you cant face the facts that this company is a dud.
Scouse is the only realist on these threads.
This thread starts with logistics being another big oportunity for SMA just beause SMA has a small logistic software business.
However 18 posts later no one has actually posted anything about the logistics business so I will
More than 18 months ago SMA announced how they had entered the chinese market with revenue of 90K in the first few months. This was going to be huge. Since then nothing so clearly that venture failed.
And if you look at the Australian logistics business it had a disasterous first half recording a big loss in revenue and a big jump in losses.
The logistics business has been a abject failure. What they should do is close it down as they cant afford the cash bleed.
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