it's going down further, page-12

you buy into it at the right time, unlike banks right at this very moment leighton is in an excellent position. although they have a d/e of over 100% and few write-downs, there expenses are not costly and even if they removed all dubai work, they would still have a huge asset value and positive stance.

banks on the other hand, have lent out and are in trouble, because they simply arent receiving,

leighton is paying, and paying on time... well thats until we here something - but thats just an 'if'