Our Q&As are emailed in our Saturday Morning Report, find the answer to this question below.
Hi guys Was looking at some of the reporting season result and Acrow Formwork (ACF ) looked interesting from a yield point of view Plus being in infrastructure/ building it may grow ? But has been pretty unspectacular in the past. Any thoughts ?
Hi Shane,
We’re not particularly familiar with this $125m formwork / scaffolding business hence I could only offer a technical perspective – the stocks rotated between 15 & 55c for the last 4-years hence while its trading just under 50c we would be on the sell side of the ledger but I stress there’s no fundamental input here.
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