What a great report card, for both the past 12 months, and the next 12.
Key points for me:-
1. no management salary increases until at least the end of the current fin. year.
2. almost 300m current order book, and a further 300m out to tender.
3. 25%, approximately, increase in npat from 2012/2013 levels, and that is given the current slump in coal mining. When that arm of the business picks up, and coupled with queensland csg, we have a strong, well managed business.
4. quarterly divvy payment is testament of the strong financial position we are in.
Tell me mate, what are your thoughts on a 1c divvy payment. It can, and will only go one way from here....up!
Genuinely rapt with the report.
WDS Price at posting:
84.5¢ Sentiment: LT Buy Disclosure: Held
