SXE 1.45% $1.71 southern cross electrical engineering ltd

Back then, this was cheap as chips. Its balance sheet has always...

  1. 611 Posts.
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    Back then, this was cheap as chips. Its balance sheet has always been strong and this is even more important for construction companies because that is the #1 killer of these types of companies. Management has also been very shrewd with their acquisitions evidenced by their recent Trivange acqusition.

    At my cost basis of $0.49, this investment is generating a 10% yield. I'm not selling any time soon or anywhere at these prices. This looks like the start of a huge uptrend in terms of contract wins and growth. They are hooked onto two major tailwinds - green energy and data centres.
 
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