What a superb pair of presentations - comprehensive, well set out and, most importantly, they convey just where SRH is heading (onwards and upwards).
A few key takeaways for me:
* (slide 8) The dramatic decline in Australia's transport infrastructure spending (major projects) over 2013 and 2014 - which provided a difficult operating environment during SRH's turnaround years - and the substantial growth of such spending in 2016 and the projected further strong growth out to 2020. This should provide a much more favourable operating environment for SRH.
* (slide 10) The ongoing productivity-enhancing restructuring of the business. Really good stuff - there's clearly a lot of strategic thinking going on inside SRH.
* (slides 12-19) The ongoing investment in tightly-targeted R&D and the growth of export sales.
SRH continues to fire on all cylinders - and it's back in profit and the outlook is excellent.
Importantly, SRH's profit growth is 'top line driven' (slide 7) - that is, sales growth should translate significantly into profits.
I can't say this often enough: 'Well done management.'
- Forums
- ASX - By Stock
- Ann: Chairman & CEO's Address to Shareholders
What a superb pair of presentations - comprehensive, well set...
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SRH (ASX) to my watchlist
|
|||||
Last
5.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.229M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 36973 | 5.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.5¢ | 24617 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 36973 | 0.050 |
1 | 22244 | 0.045 |
1 | 12195 | 0.041 |
1 | 73195 | 0.040 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.065 | 24617 | 1 |
0.100 | 10000 | 1 |
0.000 | 0 | 0 |
0.000 | 0 | 0 |
0.000 | 0 | 0 |
Last trade - 16.12pm 21/06/2024 (20 minute delay) ? |
Featured News
SRH (ASX) Chart |
Day chart unavailable
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online