SNS 0.00% 4.8¢ sensen networks limited

Most likely, unfortunately.Though some things that stood out to...

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  1. Eqz
    1,270 Posts.
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    Most likely, unfortunately.

    Though some things that stood out to me:

    • "Longerthan expected timelines for new government and council contracts followingtender processes and trails has resulted in the timing of a number ofanticipated positive outcomes for SNS in 2H FY19."  **I suspect this relates to the $2 million dollar RMS contract announced in lastyears Q3, this would be a huge win for SNS
    • New 'Disruptive Parking Software' solution to presented and unveiled at Parking Industry Expo on 11-14th March
    • 13 municipal and business organizations expressed interest in trialing SNS technology within their parking operations and will shortly move to conduct formal trails
    • SENGAME 3.0 POC in UK, Macau, Australia and Philippines continue to progress well with floor trails on multiple tables. SNS expects license agreements to be executed after the trials conclude.

    I still like the fact they have a partnership with CROWN Casino here in Australia which is a testament to the product, and securing sales in Canada, Singapore is a good sign of international potential.

    Also like the fact the contract wins usually come with a nice juicy upfront payment for setup of services and then include annual reoccurring revenue's.

    I am disappointed in buying in well over current SP but that's normal for everyone? goes down the minute you buy it.
    Sigh.
 
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