DOW 1.05% $5.78 downer edi limited

really pleased to get a dividend, page-5

  1. 6,655 Posts.
    They,and by extension,us have had enough pain dolphin:)

    Some positives emerging imho.Firstly the Waratah hasn't been chucked back in our faces for,what 2 weeks now-lol.

    The failure of this project has seen the sp slide from $7.80 (I know) to present levels.

    I also caught the falling knife @ $4.80-live and learn.

    Another positive is that once the train sets are all in service Downer,as I understand it, have the maintenance contract for the life of the trains.

    I would love to see the terms of that contract, to my knowledge not released as stand alone figures,though I stand to be corrected.

    Plus they have a lot of work in hand.

    Whether they have the skilled labour required to fulfil those contracts is a concern that all large engineering firms are having.

    No declared divi was offset by the renouncable offer imho but I will not put up with that again.

    Looking to cut my losses slightly better than what is on offer atm.

    What a woofer this has turned out to be for the set and forget crowd like moi.
 
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