Well at last SRG is slowly being recognised for its new business profile. It's taken time.
The last announcement was 1st December so something should be forthcoming shortly. (Two months is a long wait ) ( As each day passes the the likelyhood of newsflow increases dramatically)
* Record work in hand * A great recurring income stream ( annuity) * Further near term contract wins as mentioned in the last update ( opportunity pipeline 6 billion ). Waiting for the update ! * They have mentioned recently that they want to ramp up the divies. * Good forecastcasted EBITDA and hopefully profit.( I suspect this time around their forecasts have been conservative given what's happened historically.) * Given the generic outlook and the economic stimulus the future for SRG from an Australian and international perspective looks extremely promising.
SRG Price at posting:
48.5¢ Sentiment: Buy Disclosure: Held
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