ASB 0.42% $2.38 austal limited

Ann: FY2023 Annual Report Appendix 4E, page-51

  1. 6,187 Posts.
    lightbulb Created with Sketch. 817
    great time to buy now back to $1.80 ish. ASB are killing it IMO don't be fooled by the write downs, that's all creative tax accounting. Just spoke to an ASB supervisor back from Mobile who had a similar opinion (and it's just an opinion), generally agree that many companies want to reduce their massive tax payments so often get creative. Nothing wrong with that is there Mr Murdoch. While not all companies do this many do. I think ASB profits are much higher than they let on and yes it affects the sp but they really don't give a damn about that
    Last edited by givemethecash: 27/09/23
 
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