ASB 3.36% $3.16 austal limited

A nice move up over the last few days after the half yearly....

  1. 173 Posts.
    A nice move up over the last few days after the half yearly. Parcel sizes have increased to 10K to 15K from 1K to 3K previously.

    Volumes going through have been the highest in months.

    $650M in confirmed forward orders till jan 2009 should increase see the profit increase nicely over the next few years.

    Throw in the possibilities of more LCS / TSV and ASC aquisition we may see a re rating over the next few months.

    I still have a day job, so do your own research and don't listen to me.

    Cheers
    Badahur
 
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