SOM 0.00% 29.0¢ somnomed limited

Ann: SomnoMed US Medical Advisory Board formed , page-21

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  1. 13,386 Posts.
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    re: Ann: SomnoMed US Medical Advisory Board f... I have orders in but would prefer sellers to come to me rather than chase. Sleep apnea market is large enough for several different devices or those cheap devices that claim to do the same thing out there but dont work.

    There was always going to periods of unstable earnings growth as they targeted new markets, brought out new devices and even changed the CEO. From what i have seen so far they are building the company up nicely and it will be attractive to a buyer, 3.5 times 2014 sales would be fair and that would put us over the $2 mark.

    Mind you if SOM grows sales over the next five years at the current rate and the new medical referrals market (Resmeds Turf) increases sales even further then sky's the limit.

    SOM device proven as effective as CPAP but 40% more compliant ,Som 52m market cap , Resmed 7.5 Billion
 
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