Based on the results released a couple of days ago, this stock is trading on a PE of just under 10, and almost 5% fully franked dividend.
Also, they expect to work at or near full capacity this year, and considering that they are looking to grow their workforce by almost 20%, I assume that this in turn will translate into bigger profits in the future.
This makes it very attractive, but the share price hasn't exactly taken off after the release of the results.
Does the market remember the cost blowout on the Greg Norman boat a couple of years ago, and worry about it hapenning again? Or is it something else.
ASB Price at posting:
0.0¢ Sentiment: None Disclosure: Held
