SSM 2.58% $1.39 service stream limited

SXE last year cost $1 for every 50 cents it hold in cash when...

  1. 1,161 Posts.
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    SXE last year cost $1 for every 50 cents it hold in cash when share price is about 40c. share price slightly move up since. it services building, electrical. similar to ssm they have gone into acquisition and they got on well.

    ssm just acquired lendlease service recently plus labour shortage, Covid restriction and inflation. The timing isn't right but hopefully the management can get it right. their rosy projection numbers look good if they can achieve it. hopefully they pay some interim dividend to show investor some confidence. time will tell.

    i hold both sxe and ssm adding some service sector into my portfolio. i believe and hope that if economy get going, service and maintenance will be a boom. i expect these 2 companies to provide a decent dividend over a long period.

    good luck.
 
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Last
$1.39
Change
0.035(2.58%)
Mkt cap ! $856.1M
Open High Low Value Volume
$1.35 $1.40 $1.35 $873.2K 632.2K

Buyers (Bids)

No. Vol. Price($)
12 9898 $1.39
 

Sellers (Offers)

Price($) Vol. No.
$1.40 10416 2
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Last trade - 16.10pm 20/08/2024 (20 minute delay) ?
SSM (ASX) Chart
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