SSC Security Services Corp Ordinary Shares V.INP

Where we stand

[epz]

While definetely undervalued I can see why big firms would be hesitant to move into the name.

Should be about the same amount of money in the bank even after what is supposed to be their highest spending Q.  Around $40 M and cash flows should grow to a much lesser extent next year.  Hopefully the dollar rebounding will get farmers to start spending on some inputs.  As it sits now I think they should spend $30 M in share buy backs and try to get a revolving LOC for when farmers want to spend.  Stock is really cheap and that is the best way to increase CF/share.  It is insane how low that is trading at as at the least they will be able to maintain the relationships with farmers they have.

Another down draft from the start is their promise that farmer's yeilds would improve/bushel (excitment about bonus tonnes etc).  This doesn't appear to be the case which could have made this company explosive.