VMX 6.06% 31.0¢ valmec limited

Good point Rikardo, easy to forget when things run well.Based on...

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  1. 89 Posts.
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    Good point Rikardo, easy to forget when things run well.

    Based on their market outlook and pipeline I’m expecting some good news in the first 2 months of the year as far as contract awards go.

    As for dividends, I think that will be post settlement of the

    John Holland legal action as this appears to have tied up some of the war chest. Upside is that they have that war chest to stop head contractors like JH taking advantage. Given JH  already paid $2m to bring them back to the table suggests Valmec is in a strong position otherwise why would JH do that?

    Wish I could actually get some shares at the current price of 23c.

 
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