SXE 3.22% $1.51 southern cross electrical engineering ltd

At first glance pretty ordinary:-Revenue Down Significantly...

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    At first glance pretty ordinary:
    -Revenue Down Significantly
    -Earnings Down a bit
    -Decmil arbitration expected to drag on until later this year
    -No Dividend mentioned despite their large cash hoard and franking balance

    Positive outlook but I'm expecting a nasty surprise on that Decmil recovery at some point. I'll want to have a look at what I can find on those "contract assets" on their balance sheet when I get some time later today. It seems very high. Just my opinion.
    Last edited by optimistus: 24/02/21
 
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