SMN structural monitoring systems plc

You make a valid point but this time it is backed by evidence....

  1. 2,564 Posts.
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    You make a valid point but this time it is backed by evidence. Last half they made $12 million in revenue. They added the new radio which is selling over $1 million worth a month. $12 + $6 is $18 so we should be relatively close.

    We also know that they are higher margin products and we have restructured to reduce costs. These should flow to ebita comfortably. I'm not hanging my hat on the figures either. If they come in $2 million lower, we are still under valued on a 20x multiple. Still room to move.

    i think Ross is a good, trustworthy ceo. I don't think he would intentionally deceive his shareholders. I didn't know Chandler.
    Last edited by Stezza: 13/03/25
 
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