SXE 1.16% $1.74 southern cross electrical engineering ltd

Ann: Half year results announcement, page-2

  1. 465 Posts.
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    I think they might be trying to tell us something. There are 4 separate mentions in this media release to say that SXE are actively pursuing acquisitions!

    Not that there is any pressing need to acquire earnings for growth, the order book is little changed over the last 6 months despite just clocking up $230m of revenue. And there is still optimism about tendering on Sydney Metro which might be substantial. Perhaps it's more a case of a need to acquire additional electricians to carry out the impending work ahead.

 
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