Quite a few results, including firms in ASX100 have produced results that have surprised/shocked the mkt. Think JHX, CSL and ZIP to name a few.
Back in Feb'25 I shortlisted several small/medium size contractors and then looked through their HY results. I bought ANG, SRG and SXE. Later on I added EHL.
I liked SKS financials, but decided not to buy as back then i thought Labor would lose the Fed election and much of the 'Net Zero' electrification work would be postponed or even cancelled. 3 months later I could hardly have got the election more wrong, and of course the macro in which SKS specialises has boomed... along with the SP.
The FY result is due next week. My query is: Is the mkt in for a welcome surprise or dreadful shock.... or (as perhaps most likely) the result meets expectations and SP barely moves from current level of $2.75?
any takers?
SKS Price at posting:
$2.74 Sentiment: None Disclosure: Not Held
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