ASB 9.49% $3.00 austal limited

What spooked ASB??, page-7

  1. 1,651 Posts.
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    We may not get the same size dividend at the next payment date. The NPAT for the 2HFY22 will be about 50% of what it was in 1H.

    This contract is the start of hopefully some consistent growth in maintenance/systems revenue which has stagnated over the last 2 years. Would love to see ASB hit that target of at least AUD500 mill p.a. in recurring revenue.

    Cross fingers for the OPC contract award. ASB has not won a significant sized ship building contract in about 10 years now. Have to get one over the line - somehow.

 
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