Is SDX stupidly cheap ?1 Nov 2018 09:34
Looking at the 2017 financials ( 2016 in brackets and in £ millions)
Revenue 39 (13) , profit before tax 33 (loss 27) , net cash 26 (5) , debt Nil (Nil), not suggesting these are the metrics to value a company however
Year on year the share price has remained relatively static on such an improved performance at 50p ish , so:
This time last year the whole of the companies activities was already priced in
The market is nervous of something be it geographically, industry or company related
Or the shares are extremely cheap ?