A good result. All divisions profitable, synergies kicking in, outlook positive with the mining sector going gangbusters. Earning 2.5c/share last half with more to come next half. Full years eps of +5c equals pe 4.5 at current share price with great growth prospects.
I note that the banks have partially extended the long term debt facility and further short term debt extension to cover Greentrains and South Spur sale shouldn't be a problem given the banks have already committed.
Confidence in this stock should grow from here.
- Forums
- ASX - By Stock
- Ann: Half Yearly Report and Accounts
A good result. All divisions profitable, synergies kicking in,...
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add CXG (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online