ASB austal limited

1.49%

$4.10

Ann: FY2018 H1 Investor Presentation, page-10

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ChristopherC

1,759 Posts.

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05/03/18

12:14

Post #: 31527280
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Originally posted by ChristopherC ↑

I doubt whether the government will allow ASB to be neglected regarding OPV builds, as you said youself its all about how bad that would look.

On the US front , yes no certainty there, but we are in the game and
not on the sidelines.

And our ferry part of the business is doing well at present winning regular new contracts, which at least gives some continued pipeline of work especially in the Philippines and Australia and the icing on the cake may be our chinese JV.

So guess I'm a glass half full kinda guy and happy to hold for now, but do acknowledge potential risks you have outlined.

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And forgot to add , surely we will benefit tax wise in US .

ASB Price at posting: $1.80 Sentiment: Buy Disclosure: Held
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Last $4.10		Change 0.060(1.49%)		Mkt cap ! $1.697B

Open	High	Low	Volume
$4.08	$4.13	$4.00	2.216M

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Vol.	Price($)
15546	$4.06

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Price($)	Vol.
$4.10	2136

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