BIS 1.91% $3.20 bisalloy steel group limited

Ann: Media Release, page-6

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  1. 9,746 Posts.
    lightbulb Created with Sketch. 462
    Well they have not changed guidance of 'increased profitability' for FY21 so I will be expecting an increase in FY div.
    Combined with todays media release of bis receiving a 'significant order' for the start of the boxer production.ie a good start for FY22 which should give bis confidence to increase div also when combined with resolutionof CJV.
    No mention of Z grade but in one of my earlier calls bis was not concerned as 0 grade accounts for 80% of the boxer build.
    I believe lynx will be chosen end FY22 and z grade certification will be approved.
    Whether lynx or redback the order will be massive.
    ps haven't given up on uk boxer order yet.
    ps the subs sheet me,i just wish they would get on with building the french suffren nuclear sub in australia and stop trying to redesign it.No bs replies about us not having a specific sub nuclear industry.When an Australian Admiral recently resgned he stated (and other experts ) we need nuclear subs.Off the shelf one third the cost,a superior sub and ready for production in Australia.
 
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