ASB -1.54%: Released their 1H22 Result that was all okay, earnings slightly better than expected despite a 14% drop in revenue but that was a result of some releases of risk contingencies so the 2H will be weaker. That said, the key for ASB is all about winning major US Navy shipbuilding contracts and they believe they are well positioned and that ‘there are a lot of opportunities out there for us to go and win’. Some patience needed on this one.
scroll
Question asked
Question asked
Question asked
Question asked
Question asked
Question asked
Performance update for March, stocks that drove returns & our current positioning
Close
Friday 26th April – ASX200 -101pts, Newmont (NEM), Resmed (RMD) & Super Retail (SUL)
Close
Market Matters Research Lead Shawn Hickman with David Koch
Close
MM own in our Emerging Companies Portfolio
Add To Hit List
Related Q&A
Thoughts towards Austal (ASB)
Thoughts on ASB after its downgrade?
Thoughts on Capitol Health, Austal and Standline Resources?
Austal (ASB) – is it a buy?
Is Austal a takeover target?
Austal (ASB) share price decline
Relevant suggested news and content from the site
Video
WATCH
Performance update for March, stocks that drove returns & our current positioning
Recorded Tuesday 9th April
Podcast
LISTEN
Friday 26th April – ASX200 -101pts, Newmont (NEM), Resmed (RMD) & Super Retail (SUL)
Daily Podcast Direct from the Desk
Video
WATCH
Market Matters Research Lead Shawn Hickman with David Koch
Recorded Monday 25th March
Members only
UNLOCK MARKET MATTERS NOW
Take a free trial.
No payment details required.