A couple of nights ago I managed to find just under an hour to watch/listen to the latest Somero Enterprises SOM Video from the superb piworld.co.uk and I found it extremely useful at improving my understanding of SOM, which I hold a Position in, and it gave some clarity on the Trading situation which has been causing much concern since their last Trading Update. I have made a few pertinent (I hope) observations below, but you can catch the Video here:
You can also find it on Youtube if you use Google Search (other Search Engines are available but they are cr*p).
In the middle it goes into the Finance spiel and that is a bit yawn inducing - but stick with it because there is a Question and Answer session at the end and that is well worth listening to.
The Key Points I picked up are as follows:
I think that pretty much covers it. Make sure you listen/watch to the Video - it is just under an hour and well worth it - especially cos I probably forgot some important bits.
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