SXE 3.79% $1.51 southern cross electrical engineering ltd

Ann: SCEE Announces Record Result , page-8

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. DSD
    15,757 Posts.
    I've held back waiting to see what other readers feel re the SXE result. IMO it was that overall it is very good. However, I had expected a div of around 5c esp as no interim is paid. The margins are exc and going fwd SXE is expecting to get a decent chunk of wk in LNG and CSG sectors esp via the KSJV. (today a 50m LNG contract was announced). So order book now 141.5m and likely to grow IMO. Does not include about 30m recurring maintenance wk. Net cash of 36.3m and strong operating cash flow. I've sold much of my MS sector holdings but am keeping SXE as i feel it can gain in price from here. Overlooked by Mr Mkt imo, probably due to low liquidity.
 
watchlist Created with Sketch. Add SXE (ASX) to my watchlist
(20min delay)
Last
$1.51
Change
0.055(3.79%)
Mkt cap ! $506.8M
Open High Low Value Volume
$1.44 $1.52 $1.44 $1.522M 1.021M

Buyers (Bids)

No. Vol. Price($)
1 600 $1.50
 

Sellers (Offers)

Price($) Vol. No.
$1.51 1000 1
View Market Depth
Last trade - 16.10pm 15/11/2024 (20 minute delay) ?
SXE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.