TSE 5.50% $1.06 transfield services limited

how many shares on register, page-9

  1. 1,128 Posts.
    yeah, agree, at $1.25 it looks good

    i guess by ythe next boom theyll be in goos sterad to start paying off some of the debt

    Debt i8s circa 500mill, they make circa 100mill, interest is say 25-30mill p.a

    I guess by the next boom, these guys will be making more, so more of the debt can be paid off gradually

    I got no problem with this stock, other than the debt that will eventually have to be paid back

    But at $1.25 its a GOOD price
 
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