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  1. #41
    Advanced Member
    Join Date
    Feb 2011
    Location
    Wellington
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    2,451

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    Quote Originally Posted by percy View Post
    Another good contract win announcement yesterday.
    Yes they still look to be building up the work steadily .
    My only reservation was the latest Substantial security holder sale .They are Holding 170 Mio now just under 10 % .... I saw yesterday 3.5 mio crossed and 5 mio on the open today @ 6.7 so maybe they are still selling ....( another mil @ 6.6 as well)
    At least they are doing this on a rising tide and hopefully providing liquidity to new blood on the register ...
    Looking forward to my divvy payment at the end of the month

  2. #42
    Advanced Member
    Join Date
    Feb 2011
    Location
    Wellington
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    2,451

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    Investor update , costs have risen as they have purchased new plant for lease by the looks of it . However it still looks to be a growing business with little debt.

    https://www.asx.com.au/asxpdf/201907...tnjclr0pxz.pdf

  3. #43
    percy
    Join Date
    Oct 2009
    Location
    christchurch
    Posts
    17,222

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    Quote Originally Posted by stoploss View Post
    Investor update , costs have risen as they have purchased new plant for lease by the looks of it . However it still looks to be a growing business with little debt.

    https://www.asx.com.au/asxpdf/201907...tnjclr0pxz.pdf
    Most impressive.I am looking to adding to my holding.

  4. #44
    IMO
    Join Date
    Aug 2010
    Location
    Floating Anchor Shoals
    Posts
    9,697

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    Guys most of the metrics for this last qtr are less than the first two qtrs despite more rigs and more shifts indicating lower margins and less ebit ?
    Appreciate your opinions. Not holding atp , holding SRG

  5. #45
    percy
    Join Date
    Oct 2009
    Location
    christchurch
    Posts
    17,222

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    Quote Originally Posted by Joshuatree View Post
    Guys most of the metrics for this last qtr are less than the first two qtrs despite more rigs and more shifts indicating lower margins and less ebit ?
    Appreciate your opinions. Not holding atp , holding SRG
    Second page.
    second c] The majority of clients etc.............................................So most of June revenue due will go into July .

    Ended up doubling my holding.
    Last edited by percy; 17-07-2019 at 04:08 PM.

  6. #46
    IMO
    Join Date
    Aug 2010
    Location
    Floating Anchor Shoals
    Posts
    9,697

    Default

    Thank You percy.

  7. #47
    Handsome Member
    Join Date
    Jun 2015
    Posts
    759

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    Excellent results today.

  8. #48
    percy
    Join Date
    Oct 2009
    Location
    christchurch
    Posts
    17,222

    Default

    Yes a cracker.

  9. #49
    Handsome Member
    Join Date
    Jun 2015
    Posts
    759

    Default

    PNC doesn’t seem to be going as expected though, the last announcement today is rather annoying after all the assurances the management team have given....should have moved the funds to MSV Sigh

  10. #50
    percy
    Join Date
    Oct 2009
    Location
    christchurch
    Posts
    17,222

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    Quote Originally Posted by LAC View Post
    Excellent results today.
    https://www.asx.com.au/asxpdf/201908...nv0f9nxly2.pdf
    annual report
    https://www.asx.com.au/asxpdf/201908...nq8hrfjr1n.pdf

    just listening to the investor presentation, dial in .. all sounds good . "Strong year ahead"

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