But Morningstar rate it as avoid. Maybe someone can get the full article I can't.
Boart Longyear Limited BLY | $.11
FY09 earnings guidance
Recommendation: Avoid
Event
BLY expects FY09 revenue to fall 35-45% below FY08, with EBITDA margin down from 22% to 11-13%. These estimates are based on current rig utlisation and production output across manufacturing facilities.
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