SMN 2.41% 40.5¢ structural monitoring systems plc

T’is wonderful that that Testia support (first put to...

  1. 18,076 Posts.
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    T’is wonderful that that Testia support (first put to shareholders as an MOU in March 2015- https://www.asx.com.au/asxpdf/20150323/pdf/42xfxvzrztblh2.pdf ….
    - and something the newly appointed Ross hadn’t even heard of in a shareholder questio session in November 2022
    … has now finally gained real traction with Testia promoting CVM sensors .

    And the power of the slap in the face ‘interest’ from a competitor to the beleaguered Boeing ought not to be underestimated either, in my opinion.

    But sum are anxious about the growing focus on AEM holding a potentially valuable little sideline in it’s kit?
    - because sale of said sideline would remove decades of happy dividend dreams (of one day counting a never ending pile of golden coins?)

    I do think Ross could probably run Boeing but - once again -?why on earth would he want to hang on to SMS ?
    Even if he did hold a long term view I think your dreaming (again) if you are still looking at the name SMS though rose-coloured spectacles!

    It’s been around as a public company more than 25 years and in that time has had a gazillion conferences, multiple airforces showing interest, years and years of waving itself to universities, various investigative hotshots and, I reckon, even a few used car salesmen!
    In this time how many millions were made by CEOs and mates who piled in, loaded up with free shares and then piled out ?

    This forum was reminded just the other day by someone with industry contacts that the SMS name stinks.
    I think the ‘rebranding’ - promised since before Ross even took the job (back in 2021 just when big shareholder Drake started to get upset?) is a GREAT idea!

    cheers and will look to buy another ticket to ride this section of the trip
    Last edited by sabine: Wednesday, 09:12
 
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