EGN 2.86% 18.0¢ engenco limited

Strong result with good profits and cash generation. The Outlook...

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  1. 165 Posts.
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    Strong result with good profits and cash generation. The Outlook appears positive and the EGN Management team and its board are congratulated. Dividend (whilst up from 0.5c to 1.0c) is only reasonable and suggest dividend may be a somewhat light given profit, cash reserves/liquidity and earnings Outlook. IMO I'd expect to see the board re-introduce a interim dividend policy at the 2018 AGM.
 
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