Slim9 Sep 2013 13:29
The case was put simply in the last webinar. SIS could have a market cap much bigger than the current one based on comparisons with other expanding retailers, Five times revenues is by no means over stretched, and, if further growth is imminent then that could be factored in too. So, a doubling of the launch mcap is feasible. I am not saying it is possible, but clearly there is at least one other can see latent value. There must be a lack of shares sloshing around judging by the reponse to each substantial buy. So we have the recipe. You can look at it optimistically, at last the company can begin to reflect true value, or you can be the eternal pessimist and harp on about ancient history, which I believe is petty, parochial and pointless. Driven carefully this company has huge growth potential, they havent really started yet. IMVHO