ASB 3.48% $3.27 austal limited

Alot of HC members dont understand that each major ship building...

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  1. 2,170 Posts.
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    Alot of HC members dont understand that each major ship building project to be commissioned takes 5 to 10 years to plan and get approval from government. This is what i was told by an equity researcher.

    @bleakcity mentioned there was 3 major deals to be awarded. But i can only find information on lusv.....i cannot find the other two.

    if there are 3 major projects to be awarded.... what is ASB chances of scoring all 3 projects? As @bleakcity said...ASB needs at least 2 of the 3 projects.

    i also assume that US, Canada, Oz and UK will boost their naval fleet, due to Jhina illegal occupy of the South china sea. But, no news to date.

    BBC news memtioned UK frigates and destoryers will go up to 24 from 17 after 2030. Bbc news 23 march 2021.
    Has ASB done any work for UK navy before?

    Last edited by Phantom77: 24/03/21
 
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