Post by
lithomon on Jan 11, 2023 5:08pm
SPN's Strong EBITDA, Cash Position, No Debt, Growing Sales
For the next year, SPN needs to stay away from any US exchange as the growth, technology companies listed on US exchanges are in shambles at the moment until rising interest rates subside.
With No debt and positive EBITDA, and 45% insider share ownership, SPN management simply needs to keep a tight iron fist control on COSTS, especially in this economic & uncertain business climate and continue to grow its client revenue base.
On the other hand, if someone, group or entity is able to successfully deliver a well place bullet in the direction of Putin then everything changes immediately and likely a return to the growth/technology "Roaring" 2019's or 2020's (2021) once again, inflation and interest rates retreat, Goldman Sachs hires back its recently lost staff, etc... then SPN might want to consider some representation on the US listing side.
Should Atul require any further advice, call anytime.
Comment by
stockpickerone! on Jan 12, 2023 11:22am
He is probably super frustrated and willing to try anything at this point given the amazing performance but lack of impact on value of the company...wonder who talks to him.