SMN 3.51% 55.0¢ structural monitoring systems plc

Where's the 4C?, page-29

  1. 987 Posts.
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    The thing that puzzles me with this announcement is why did they buy another machine to produce sensors now if they aren't currently distributing sensors to operators?
    Do they have agreements in place with operators pending application approvals?
    Hypothetically if they just had the one machine operating until july next year then they could have produced up to 24,000 sensors (36-48million sensor value).

    I don't know what to believe anymore.

    Also "Delta had specifically prioritized two key B757 applications for expedited approval due to Delta’s maintenance scheduling which will see most of their B757 fleet "in-hangar" during 2019. SMS has completed the installation design and built complete CVM "Kits" for these applications." - does that mean revenue will be instantaneous once this application gets the tick from boeing i.e. the kits are all stockpiled as inventory ready to go?
 
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