Todays big contract win adds about 10% more revenue. Unlikely to see overheads go up, so to answer your margin question, it should be at current margins or better.
Todays contract win reinforces that they are going well on NBN, being one of only three contractors awarded a D&C contract. NBN would only hand this sort of contract out to companies they trust (Downer and Fulton Hogan the other winners). Might dis-spell a incorrect market rumour and the stock should have more upside, even post today's big win.
Ann: SSM awarded new Design & Construction Agreement for nbn FTTC, page-5
-
- There are more pages in this discussion • 16 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add SSM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.40 |
Change
-0.005(0.36%) |
Mkt cap ! $859.2M | |||
| Open | High | Low | Value | Volume |
| $1.40 | $1.40 | $1.39 | $207.3K | 148.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 31 | 21078 | $1.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.40 | 14368 | 7 |
View Market Depth
| Last trade - 14.03pm 01/08/2024 (20 minute delay) ? |
| SSM (ASX) Chart |