MAH 1.56% 32.5¢ macmahon holdings limited

profit taking?, page-11

  1. 17,583 Posts.
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    "I see MAH and NWH have or are in the process of announcing large contract wins. Or at least in $ terms , I wonder though how much profit they expect to make or do they just breakeven.

    I think its pretty tough out there in WA amongst the contractors, not much work and what work there is they are all fighting over it ( like seagulls over a chip).

    all good for BHP etc as they well be getting work done "cheaply" but maybe caution required for investors in contracting companies..

    only my thoughts ."

    i am prepared to be ripped apart by other posters"

    I posted this the other day, thought it might invoke some chat
 
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