SDV 3.39% 61.0¢ scidev ltd

PET trading at a 220m market cap following update that they...

  1. 263 Posts.
    lightbulb Created with Sketch. 72
    PET trading at a 220m market cap following update that they expecting revenue of 30m for CY2020

    Last we heard SDV doing 4.8m in month of March.

    HFT revenue just came online in March. ProSol synergies and improved margins just being realised now. Countless trials coming on line. Biggest revenue flow of Phoenix order is due in March, April, May.

    Directors loading up 1 month ago at 70c and 80c. Despite having a ridiculous amount of options + skin in the game. They obviously see the value.

    Conservatively lets say SDV can do 3m in revenue per month for rest of the year, we are looking at 30-35m revenue for CY2020?

    Today trading at market cap of 84 million.

    Yes PET has slightly better margins. I would argue SDV management more than makes up for this.

    Ridiculously undervalued. Market will wake up to SDV when the writing is on the wall.

 
watchlist Created with Sketch. Add SDV (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.