ACF 2.75% $1.12 acrow limited

Ann: Contract to supply Powershore system for Barangaroo Station, page-5

  1. 588 Posts.
    lightbulb Created with Sketch. 217
    My view, while this specific contract itself is not huge, once a supplier is on a project, they effectively become the status quo & the true value of the contract can turn out to be 3 x - 5x or more (ballpark estimates based on anecdotal observations). That said I'm not sure what the order book looks like for this - however it's a large project & all things considered a very promising announcement and IMO I'm rerating the stock accordingly.
 
watchlist Created with Sketch. Add ACF (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.