More profit warnings from others, another down day for SKE.SKE has exposure to mining, but is not a mining services company, it has a broader base than that and in fact the growing parts of the business are in marine services and are higher margin.
A number of observations:
* Celeste Funds Management are now a substantial shareholder, they were sellers up until mid-March and have since been buys, buying at under $3 (like me).
* On Pattersons yield research note today, SKE stands out as being 15th on the sub ASX 100 list. And being one of only 6 stocks in the top 15, NOT subject to missing their yield expectation.
* Grossed up yield expectation for SKE now exceeds 10%
Add to My Watchlist
What is My Watchlist?