asb management flagged the full year loss in the half year report .with 370 million dollars in orders for 04 05 and a 550 million dollar 4 year patrol boat contract asb will a good dividend payer for a few years from 04 on .the european ferry market is due to start upgrading in the next couple of years especially the greek market where the government has legislated for ferry operators to phase out boats older than 26 years starting in 04 .asb is going to be one of those recovey stories in the coming months as local perth brokers upgade asb to a buy in the next round of updates . i started buying in the 60 cent range and am confident of asb hitting its old highs in the 2.50 to 2.70 range as the year goes on.wrongway
ASB Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
