SXE 3.22% $1.51 southern cross electrical engineering ltd

FSA is another stable, well managed coy - $132m market cap $18m...

  1. 4,254 Posts.
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    FSA is another stable, well managed coy - $132m market cap $18m cash eps 16c 6c ff dividend. Don't be fooled by the amount of debt, most of it is non- recourse meaning the bankers (mainly Westpac) can only claim against the home value and not FSA if there is any shortfall; doubtful in any event because the home loans are on an LVR of about 67%.
    You might also look at XRF and SHJ which are good consistent small caps. Plus LBL.
    Again, not cross promoting. DYOR.
    .
 
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