Active Member Straws
##tailwind
Added 4 months ago

This company has an exciting tailwind as it services some of the industry giants and has shown impressive growth in their dividends over the past 4-5yrs. It provides service to NBN and is winning contracts related to 5G. If this keeps up, it should be able to grow significantly from here and continue to increase dividends.

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#Management
Added 3 months ago

Lots of director buying after recent share price falls. Shows confidence in future earnings. May need patience... could be years.

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#ASX Announcements
Added 2 weeks ago

Hopefully more people dislike the announcement today. Very solid to me and I will buy more along with a couple of low bids in the hope sp drops further. Happy to hold for a long time. 

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#ASX Announcements
Added 6 months ago

D4C consortium awarded ten-year Sydney Water contractEssential network services company Service Stream Limited (ASX: SSM) is pleased to announce thatthe consortium to which its wholly owned subsidiary Comdain Infrastructure Pty Ltd is a participant, has been awarded a ten-year agreement by Sydney Water Corporation. The consortium, which will take the form of an unincorporated joint venture to be known as the Delivering for Customers (D4C) Joint Venture, comprises Comdain Infrastructure Pty Ltd (with a 30%participating interest), John Holland Pty Ltd (30%), Lend Lease Services Pty Ltd (30%) and WSP Australia Pty Ltd (10%). Sydney Water has appointed D4C as the Regional Delivery Contractor for one of its three network regions under its new Partnering for Success (P4S) contracting program. Under this program, D4C will provide Sydney Water with a “TOTEX” asset management service covering the design, construction, maintenance and facility management of all treatment and network assets in its Southern Region. The contract comprises a six-month mobilisation period commencing January 2020 followed by two five-year service delivery terms with a performance review at the end of the first five years. Based on forecasts provided by Sydney Water, D4C’s revenue from service delivery is expected to be in the order of $200 million per annum.

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#Bear Case
Added 6 months ago

I might be missing something on this.  Rumours they had won came out last week.  Marketcap is up over 19% including an additional 11% today (i.e $190m+) based on winning a contract that is worth probably $5m in earnings per annum. (ie 30% of $200m revenue @ 5% to 9% margin.)

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