SXE 4.04% $1.68 southern cross electrical engineering ltd

Strong result given the obstacles concerning lockdowns/labour...

  1. 187 Posts.
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    Strong result given the obstacles concerning lockdowns/labour issues confronted by covid. They have developed a strong diversified brand. It suggests should they get a reasonable run with their labour force with plenty of secured work and future contract availability, the companies future looks strong. Strong cash holding, excellent book build whilst being debt free and having considerable franking credits. A rarity in todays world.

    A conservative well run entity with strong dividend potential going forward.
 
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