SDI: Remember to Brush Your Teeth

[percy]

Also Under the Radar Report, for the most part a pretty average newsletter, tipped them last night which explains some of today's spike

Thanks mark100.

[noodles]

SDI was possibly one of my first multi-baggers back in 2001-2003. For the most part since then it has been a bit of a dog. But I picked up a few following the recent profit guidance. First time I've held in over 10 years!

I also owned this in 2002. Unfortunately I did not make money. It would have been one of my first trades.

[noodles]

Also Under the Radar Report, for the most part a pretty average newsletter, tipped them last night which explains some of today's spike

Agreed. Low quality newsletter. But I think they are making the right tip here.

Given the price action today, it looks like it will be a hard road up to 75c(my target). There are lots of sellers.

[noodles]

Sdi in the smh.

http://www.smh.com.au/business/motle...#ixzz39TFyxZJi

[percy]

Sdi in the smh.

http://www.smh.com.au/business/motle...#ixzz39TFyxZJi

Thanks for the link,put a smile on my dial.

[Daytr]

Haven't heard this name in 10 years, when I used to supply them silver to make fillings!

[Joshuatree]

Great little company atm but took profits @69 c for another opp.

[Daytr]

They do in Asia etc & or they did back then. We used to supply them about 5k ounces so it was pretty small business. I had a look at their financials & was pretty unimpressed. Their admin costs are far too high for a company of this size. In their last 6 months they chewed up something like $13M. A ridiculously high number IMO. Suggests there are some fat cats being paid very well.

[Joshuatree]

Thanks Daytr. Maybe as Steve points out that there a lot of moving parts for SDI to manage, exchange rates, silver, multi country sales , manufacturing costs etc.
Main indicator is that the mkt has liked it since update. S/P from re 43c to 69c and some valuationa re 75c.

[percy]

They do spend a great deal on R & D.