With the delay in profit guidance as a result of David Perry being ovreseas it is a prime oportunity to pick up some STS on the cheap. I have witnessed this action happen before when they were around 1.90, they dropped to 1.60 then guidance came and they were quickly above 2. With EPS tipped to be 30cps minimum one would say $4 is a conservative valuation on a PER of 13 and more growth to come. The board meeting was slated for June so i expect the guidance ot be any day but likely in a couple of weeks still so patience the key.
STS Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
