SXE 3.79% $1.51 southern cross electrical engineering ltd

SXE - another sleeper!, page-8

  1. 306 Posts.
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    Fine I guess, still dont understand where you get a p/e of 81x from!

    As far as dividends go, what better use do you think SXE could put the money to? It has no debt so cant use it there, retained cash appears to be more than adequate, unless there is a usitable acquisition what better use is there for the cash than passing it back to shareholders? This is especially true in Australia's franking environment.
 
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