Cheers, I admit that I have also been critical of their quotes and contracts etc. But, too be honest, they have a strong balance sheet, have paid dividends over the years, have little debt considering the capex that they have outlaid over the journey and a big chunk of their equity is retained profit.
So, they have made mistakes, including some big ones, but they must have done a lot right as well. That is why I keep coming back to buy them.
This must be a brutal sector. They rely on politicians here and overseas- who make beautiful speeches and issue reports about how important the sector is- and how important it is to keep shipyards and workers in steady work etc etc. We know how that goes.
And tomorrow I shall hold forth on their faults again...
IMHO DYOR
Ann: FY2023 Annual Report Appendix 4E, page-24
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$3.15 |
Change
-0.060(1.87%) |
Mkt cap ! $1.141B | |||
| Open | High | Low | Value | Volume |
| $3.22 | $3.22 | $3.15 | $2.789M | 878.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1999 | $3.15 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.18 | 824 | 2 |
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