GREY:SXHHF - Post by User
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commissionson Jun 21, 2007 9:59am
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Post# 12977184
AGM
AGMWent to the AGM yesterday in Montreal - stock at this price is a real bargain! I also was fitted with a custom ear plug - it took all of 10 minutes from start to finish - you wouldn't even know that they are in your ear.
The process is state of the art - they expand this small rubber airbag in your ear such that it conforms to the exact inside earprint - of which is different to anybody else - and then they inject silicone into the expanded rubber - it hardens in minutes - and voila - custom safety earplugs.
They are close on the US listing - which takes on a greater significance as Permira which owns Aearo is going for a 2008 IPO AND Listing on the NYSE. - Imagine the leverage play when investors find out that virtually all of Aearo product comes from SHH - which in all likelyhood will be trading much less than Aearo - great leverage play - the smart US money will be in well before that event transpires.
They are hinting at a great Q2 - no numbers were released but I'm going to guess that we might see something in the $1000000 range - coupled with the Q1 that would be a 300% increase over 06' with 1/2 of 07' still to go.
This stock is definetely a 'when' as opposed to an 'if'.
Comms