Reverting back to results before being impacted by the disastrous lend lease jv will see earnings exceed the lti hurdle of 2.8 cents per share. Lend lease are grubs, that's where the problem lay, Ssm did well to exit the jv without blowing up completely. Nobody would be more experienced than Ssm to deal with nbn . No crowing about contract wins. No announcements since Oct 30. Good signs. This is a punt but a dividend of at least a cent isn't out of the question. This business should generate cash, has low or no debt, shouldnot be buying other businesses. I daresay Thorney rid them of that stupid idea. Only negative, it would be hard to imagine water and energy not to fall this half.
SSM Price at posting:
20.5¢ Sentiment: Hold Disclosure: Held
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