SXE 2.67% $1.73 southern cross electrical engineering ltd

Ann: Investor Presentation - Half Year Results, page-14

  1. 4,660 Posts.
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    Hmmm not sure which margin and how you calculating that but based on below their operating margin 7.86% for 2021 which is much better then Monadelphous Group Ltd (MND). Now obviously both companies are different cap and different size fish but if SXE needs to move up the ladder to be bigger and better then they need to start navigating through margins... IMO.

    The real difference in operating margin is because of new business just added to their existing business and any business to achieve streamlined or optimise efficiency needs time and as SXE has ZERO debt and 50m cash in the bank then they make better then any other business with debt .. IMO .. under current market condition where interest rates are going high and companies are collapsing as they can't meet their commitment or over borrowed money... IMO.

    https://hotcopper.com.au/data/attachments/4130/4130673-94c5244c7e8f3e1110c2dfd250dfebdd.jpg

 
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$1.73
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