Service Stream dividend a sign of renewed confidence
Service Stream dividend a sign of renewed confidence. I thought the Service Stream (SSM) result showed solid progress yet the share price didn't move. The company is rightfully in the sin bin thanks to several debacles over the past five years. However, The Company has a new management team, and it looks to me like they are making progress that hasn't been recognised by the market. A resumption of dividends suggests the board is confident it can continue. Service Stream has a huge part to play in rolling out the NBN, and that should be a 10-year runway of solid work. A few more results better than expectations and it might regain some investor trust.