ASB 0.39% $2.57 austal limited

Ann: Austal announces CEO transition, page-8

  1. 389 Posts.
    Added heavily to initial position today. Just looking at the simple things:

    1. Selling at a projected PE ratio of 10 (16FY).
    2. Anticipated dividend return of 4%ff.
    3. Selling at book value.
    4. Very strong balance sheet.
    5. Low PEG ratio.
    6. Increasing amount of recurring maintenance work.
    7. Well placed in a growth market.

    In a distressed market happy to have this one.
 
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