ASB 0.63% $3.19 austal limited

News: ASB Austal says FY2016 result in line with guidance, FY2017 outlook reiterated, page-5

  1. 2,756 Posts.
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    Happy with the dividend, sensible amount considering recent news regarding the US business. I'm really interested to see what comes out of the joint venture in China. Big market in Asia, and having a tie to Chinese market must be positive moving forward and may balance out any of the negative issues from US.
    Only negative was the loss in the Philippines, but looks like they are trying to address it in a timely manner.
 
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