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Re: geodan post# 274

Monday, 11/07/2016 6:48:04 PM

Monday, November 07, 2016 6:48:04 PM

Post# of 483
Haven't compared the two companies but SIMA is very undervalued. This is from an earlier post on sima board here.

just received year end statement for June 30, 2016 for sima directly from company


cash end of june 30th $16,732,191.00 or based upon 3.4 million shares $4.92
bk value $24314982.00 or $7.15
revenue slight growth $20,520,042.00- $500k over last year
Comprehensive income including unrealized gain of 200k or $2,420,877 or .71/ fully diluted share
R&D increased even more to $2.1 million from $1.5 million
no debt
G&A down $200k
the ship is being run perfectly
wow

received doc from company today

strong buy
last trade today was 2.56 with .71 net income/sh we are trading at 3.6X trailing. Remember the q1 just ended and they earned another .15-.20
cash cow that manufactures money

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