At low end of Management’s guidance, SDI is trading on 10x FY14.
At upper end it is trading on 9x
As a market leading global brand with a good stream of innovative products coming online, it should deserve a bit more respect from the market.
The downside, is that there are lots of moving parts to the SDI story (exchange rates , silver, north American / European / Brazilian sales, manufacturing costs).
Over the last few years, there have always been 2 or 3 of these drivers going the wrong way.
If SDI ever get all these parts coming together at once it would deliver a ripper of a profit.
Anyway, still very cheap for a market leading global franchise, been accumulating at these tax loss selling levels
SDI Price at posting:
45.0¢ Sentiment: None Disclosure: Unspecified
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)