-
ASB - Austal
These guys make big fast boats and other stuff.
FY14 EPS was 9c
FY15 EPS was 15c
Cash flow has been nice and they have been paying down their debt.
Share price got to $2.50 on a beautiful trend-line and then fell off a couple of cliffs and is currently trading around the $1.20 mark.
Analysts seem to be expecting an EPS of about 14c this year, slow growth after that and they are valuing the company up around the $2 mark !
So after my great success with IQE I decided to buy another beat up stock with the aspiration that I can not do much worse on this one .
You would not believe how many trade notification emails I have got; it seems some bots are dealing in $200 lots.
Best Wishes
Paper Tiger
PS: Austal was in the portfolio of the Experiment In Not Losing Too Much Money
Last edited by Snow Leopard; 22-02-2016 at 03:08 PM.
Reason: it is only after you post that you realise how badly worded it is
om mani peme hum
-
Plain sailing so far
Half year results were not too shabby were they?
Best Wishes
Paper Tiger
-
-
Luck is only part of it - experience is useful too.
Originally Posted by blu3
ASB was on my radar until the drop in December. As of you, you don't seem to care much about the “don't buy in a downtrend” adage, don't you?
Good luck!
Do not buy in a downtrend is very good advice - I would recommend it to anyone as part of their strategy to making money in stocks
Downtrends end, uptrends end and there are trends within trends.
Best Wishes
Paper Tiger
Disc: I win some and I lose some.
-
Member
May this trend continue. Bought a few days ago after reading about this company a number of times. Tony Featherstone had an article in The Bull a few days ago so I went ahead and had the last 3 days increase from 127 to 147. Outstanding!
-
Caught in the clapotis
Thought it odd that thirteen dollars and ninety seven cents warranted a price sensitivity announcement.
But apparently it is $13.97 million dollars.
Best Wishes
Paper Tiger
-
Keep your eyes firmly fixed on the horizon and the nausea will go away
Significant jump in early trade (7+ %) - presumably based on the announcement yesterday that fills a gap in their timetable.
It is a bit of a rough sea, share price wise, owning this one.
Best Wishes
Paper Tiger
Last edited by Snow Leopard; 11-10-2016 at 01:23 PM.
Reason: for 97+ % read (7+ %
om mani peme hum
-
Standby to repel boarders
Nice boost in the SP today, presumably on the realisation that Trumps policies will require lots of Austal built boats to patrol the borders between USA and Mexico & Canada.
Best Wishes
Paper Tiger
-
Deja vu
Originally Posted by Paper Tiger
Nice boost in the SP today, presumably on the realisation that Trumps policies will require lots of Austal built boats to patrol the borders between USA and Mexico & Canada.
Best Wishes
Paper Tiger
I will presume that today's 10%+ rise is not a delayed reaction to yesterdays half year announcement but based on the expected increase in defense spending across in La La Land beneath the Moonlight.
Best Wishes
Paper Tiger
-
Found the thread for Paper Tiger because he has good news - googled "sharetrader austal"
Posting Permissions
- You may not post new threads
- You may not post replies
- You may not post attachments
- You may not edit your posts
-
Forum Rules
|
|
Bookmarks