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20/04/18
22:20
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Originally posted by Prisoner24601
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SM1 is obviously doing very well but it is a capital intensive business and a lot of its earnings are being funneled back into new manufacturing facilities and other infrastructure.
A2M, on the other hand, is a cash flow generating beast of a business. In just a few years time our cash on hand will be surging towards $1billion imo so you’re talking dividends or share buy backs or even bigger marketing spend or more aggressive expansion.
Cash is KING! The future looks amazing for this Company.
I believe $20 will come and go very quickly on any update or when full year earnings are announced. I continue to accumulate and made another purchase this morning.
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I think the market is just waiting for an update of its sales particularly in China, UK and the USA.
If it is rosy, $15 would be very easy.