SXE 2.58% $1.79 southern cross electrical engineering ltd

Ann: Project and Industry Awards and Trading Update, page-4

  1. 9,713 Posts.
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    Hmm the connection between electrical engineering mobs and EV's or Australia's energy policy of becoming a battery operated super power.
    Hmm yep i c the connection.smile.png
    ps ironic i lack the forensic accountancy skills to understand where the disputed $11m was hiding in the accounts.But hey one week after settlement we get a cash position positive upgrade old debt old accounts.smile.png .happy to be corrected.
    ps regarding div i feel 4 cents and 1 cent is solid for fy23,but that would be a very low payout ratio for a co with such a cash position and going by financial forecasts and again imo importantly a very interesting sector/business model.



 
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