So much in this that sings or screams buy. The whole document is worth reading carefully. The potential from the US navy The FFG(X) new ships. The high Speed ferry boom yet to meet demand. Then the "The MARPOL 2020 regulation on sulphur dioxide emissions requires all vessels globally to operate with no more than 0.5% sulphur in fuel content." ASB is already compliant unlike many others who have to comply for new vessels if the keel is laid after 2021. I think we can be sure of many more ship buyers knocking on ASB doors.
For now "LCS and EPF consistent and Profitable" plus the comment on refit work on each and every one of those ships made me smile. Consider a refit as a car service on steroids+++.
Ability to build and deliver via JV in China, ASB Vietnam, ASB Philippines, ASB Henderson WA and ASB Mobile Alabama. So much to like. Struggle to find a negative on ASB
Ann: Macquarie Australia Conference presentation, page-2
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Last
$2.46 |
Change
-0.070(2.77%) |
Mkt cap ! $891.6M | |||
| Open | High | Low | Value | Volume |
| $2.54 | $2.55 | $2.44 | $2.718M | 1.099M |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 1 | 30000 | $2.45 |
Sellers (Offers)
| Price($) | Vol. | No. |
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| $2.46 | 16339 | 2 |
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| Last trade - 16.10pm 13/05/2024 (20 minute delay) ? |
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Last
$2.44 |
Change
-0.070 ( 3.50 %) |
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| Open | High | Low | Volume | ||
| $2.53 | $2.54 | $2.44 | 117664 | ||
| Last updated 15.59pm 13/05/2024 ? | |||||
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