Just thought I revive an old thread to get some discussion on SST going. I think Steamships is a good bet given 1) at current market valuation, its enterprise value is backed by property assets and 2) The PNG LNG expansion project is likely to provide a massive earnings boost to SST similar to what happened during the first construction phase of the PNG LNG project. Earnings nearly doubled between 2009 to 2012 so I see the history repeating over the next 3-5 years.
http://chasingvalue.com.au/?p=704
Just thought I revive an old thread to get some discussion on...
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Last
$14.68 |
Change
0.030(0.20%) |
Mkt cap ! $455.2M | |||
| Open | High | Low | Value | Volume |
| $14.68 | $14.68 | $14.68 | $15 | 1 |
| SST (ASX) Chart |