TSE 5.50% $1.06 transfield services limited

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  1. 331 Posts.
    Good post, thanks, breaking through the 1.50 will be significant, much will depend on the results reporting towards the end of this month. Hopefully a reasonable dividend will be distributed. But the debt at the same time needs to be paid. The company still needs to further restructure its admin and address the debt. Addressing those issues it shouldn't have a problem sailing past $2. Cap raise maybe? The economy is very flat for the sector, nothing much TSE can do about that, but it can at least position itself for growth.
 
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