ASB 0.32% $3.16 austal limited

Upbeat annual The 65 million trimaran stock hull has sold, so...

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  1. 809 Posts.
    Upbeat annual
    The 65 million trimaran stock hull has sold, so cash, which cleans up there debt situation somewhat. This is a big plus considering they are comming out of their recent investment phase.
    They just keep getting bigger and also better and able to more efficiently work through there order book which is now quite significant. Dividends forthcoming next year on increased free cash.
    Efficiencies get quite a mention or they were mentioned and I am big believer they make all the difference. (Cant remember. One or the other. Mistakes are the big spoiler in this industry but they know that anyway.

    Slow and steady. Looks fine to me.

    Attractive forward PE in my opinion. I again consider there much brighter outlook (annual) and proven record at a high level
 
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$3.16
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6 36818 $3.13
 

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$3.16 12310 3
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