"After a good result for the first quarter,management is targeting 2008/09 as the year in which to produce a self-sustaining cash flow and its maiden profit. Several externally funded brake developments will boost short-term revenue with possible significant future sales to follow. Sales of spare parts have also steadily boosted revenue. the next few quarters may be lumpy, but SAF seems to have turned the corner."
I believe citismithbarney also have them as a spec buy with a target of 7 cents. Certainly the sp deserves to be higher than sub 5 cents (imho)
SAF Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held