ASB 1.56% $3.16 austal limited

Ann: Austal delivers sixth Cape Class Patrol Boat, page-2

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  1. 567 Posts.
    Well, its price has doubled in the last 12 months. Here's hoping it can do that again.
    They do everything right.
    On target complete the Cape Class boats in 2015 (6 out of 8 completed)
    On target to complete the LCS contract in 18 months time (6 out of 10 completed) All funded.
    Five of 10 Joint High Speed Vessels(JHSV ) on the water and 3 in construction.
    They keep getting support contracts and such for they ships they have already built.
    And it looks like the ferry business might be picking up. Hard to overturn one of these.
 
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