RE: ProReveal break through !!30 May 2015 09:29
Having looked as though ProRreveal was unlikely to make much of an impact, the tide appears to be turning.
SDI is now seeing some small sales come through in the US which look likely to accelerate.
Current Broker forecast has nothing in for ProReveal, so anything coming through is likely to make some diference to numbers next year.
With all aspects of the business now demonstrating profitabillity, the forecast pre-tax for next year of £400k and EPS of 2.2p could prove conservative.
However, if the Broker is indeed spot on, the forward PER at Fridays close is under 6, which looks a bit of a steal allbeit speculative given previous failures to achieve expectations.
Things do appear to have improved and another small acquisition could also asssist going forward.
http://www.cambridge-news.co.uk/SDI-looks-set-clean/story-26597885-detail/story.html