SBM 0.00% 32.5¢ st barbara limited

Hey loki, you wrote " MLX has potential but its management seems...

  1. 2,237 Posts.
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    Hey loki, you wrote " MLX has potential but its management seems to have taken leave of their senses." I think you know my schtick by now, 1. are the fundamentals good 2. is the management excellent... and SBM ticked those boxes time after time with Vassie. That's why I`m heavily into AJX : the management are astounding in what they have done, and they don`t sell their shares, in fact they are buying parcels on market. They have disruptive patent technology in FR and are killing it in the US & now Europe. Once you get involved in the research you will be gobsmacked at where this can go. There are some key posters on the threads who really know their stuff if you have questions they always respond with accurate researched info, it`s impressive. Anyway it would be great to see you on the AJX posts and making a contribution as well, and I`m having a look at BLK & DCN cheers for that tip. oh also on SBM, the AUD is being forecast to drop into the .50`s next year by the right people. I posted the spreadsheet once showing the SBM profit margins as the AUD dropped, so If the dollar goes down SBM profit will leapfrog, if it does get down into the 50`s the margins are eye watering so who knows where the SBM sp could head...worth watching that space IMHO. high times ahead, lol.
 
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