Austal: full steam ahead Designer and manufacturer of defence and commercial ships, Austal (ASX: ASB), on Friday experienced one of its key catalysts that we...
Austal: full steam ahead Designer and manufacturer of defence and commercial ships, Austal (ASX: ASB), on Friday experienced one of its key catalysts that we had discussed in our recent investor roadshow. US Secretary of Defence, Chuck Hagel announced that the Navy is to move forward with the expansion of its LCS (littoral combat ship) program. We continue to like the longer term fundamentals of this business and look for more of our identified catalysts to be realised going forward. The shares closed up 4.9% on Friday. We own ASB in the investment portfolio.
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Wilson Asset Management has a track record of making a difference for shareholders and the community for 25 years and is the investment manager for eight LICs - WAM Capital (ASX: WAM), WAM Leaders (ASX: WLE), WAM Global (ASX: WGB), WAM Microcap (ASX: WMI), WAM Alternative Assets (ASX: WMA), WAM Strategic Value (ASX: WAR), WAM Research (ASX: WAX) and WAM Active (ASX: WAA) - and the Wilson Asset Management Leaders Fund. Wilson Asset Management invests over $5 billion on behalf of more than 130,000 retail investors. Wilson Asset Management created and is the lead supporter of the first LICs to deliver both investment and social returns: Future Generation Australia (ASX: FGX) and Future Generation Global (ASX: FGG).
Wilson Asset Management
Wilson Asset Management has a track record of making a difference for shareholders and the community for 25 years and is the investment manager for eight LICs - WAM Capital (ASX: WAM), WAM Leaders (ASX: WLE), WAM Global (ASX: WGB), WAM Microcap...
Wilson Asset Management
Wilson Asset Management has a track record of making a difference for shareholders and the community for 25 years and is the investment manager for eight LICs - WAM Capital (ASX: WAM), WAM Leaders (ASX: WLE), WAM Global (ASX: WGB), WAM Microcap...
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