Yes, AGM tomorrow might reveal if FWD are through the worst of the trading conditions, particularly at Searipple. FWD indicated occupancy at Searipple improved in 2H2013 to about 65% from a low of 40% in 1H2013. Will this trend continue to improve? Note that agreements with RIO and Woodside are fairly short term in nature.
Also look for progress on Osprey, has it been completed on time and budget? It should now be earning some income, ramping up to the guaranteed minimum in March 2014.
RV division has been consolidated in W.A and I expect this will become profitable again in 2H2014 as FWD has indicated a solid order book, albeit in the lower price bracket.
The glory days may not ever be back for FWD, but they do have competent managers and are capable of resurrecting the ship in my view.
Yes, AGM tomorrow might reveal if FWD are through the worst of...
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add FWD (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.98 |
Change
-0.025(1.25%) |
Mkt cap ! $170.3M | |||
| Open | High | Low | Value | Volume |
| $2.00 | $2.03 | $1.96 | $343.9K | 173.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5000 | $1.95 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.98 | 13463 | 1 |
View Market Depth
| Last trade - 16.10pm 06/11/2024 (20 minute delay) ? |
| FWD (ASX) Chart |
