Ann: ADA signs new 5 year support contract with NAV Portugal, page-15

I'm expecting 'solid' rather than 'stellar' results. The maintenance part of the business appears to be ticking over nicely. Maybe a small increase in dividends, or continue the buybacks. It's a decent dividend stock, but the lack of franking credits makes it less attractive. I think it also suffers from being seen as an Aviation / Tech business rather than a service business.

It's ridiculous how lightly traded it is. Which must put off traders as there's no way near enough liquidity to trade in and out in any quantity.