Although there was no preamble to the SAV presentation, it is obvious that management didn’t prepare this presentation for the fun of it. As is always the case, a presentation is prepared for promotion purposes and the boys are probably visiting brokers and prospective investors as I type this.
A few interesting take-aways from the presentation:
Emefcy has a blue chip register including GE – who is a potential future acquirer of Emefcy.
The company has extensive IP protection and is going to market with their first product.
Emefcy's solution is a multi-award winning product.
Emefcy has excellent margins.
Emefcy has further products in the final stages of development.
Emefcy and SAV have teams that have done it before and this is an opportunity to back some great jockeys on a great horse.
At the raising price of 20c, SAV will have an EV of about $29m fully diluted – VERY reasonable for a top company in a very sexy space.
The free float will not be too high as vendor stock and a large percentage of seed stock is escrowed.
I thank SAV for the heads up and I have been working the phones to see if they visit any of my brokers. I’m definitely looking to get set in some of the stock and just have to see how. Will keep you all informed.
SAV Price at posting:
0.3¢ Sentiment: Buy Disclosure: Not Held
