tse wins 1 billion contract tnz, page-2

Except that TSE sp tanked about 15% or more after than announcement. If you check the TSE thread, apparantly the announcement is a negative as they should have got a lot more revenue than $1billion over the 10 years. Apparantly TSE lost much of the contracted work to a subsidary of Leighton Holdings. Something like that anyway. TSE sp was around $2.70 a little while ago, now its dropped to below $2.30 on this announcement.

Either way, TSI is still a good buy. I am expecting TSI price to drop a bit which will be a good chance for accumulation before the next price spike for the next DIV. Although strangely, the price didn't drop much when TSI went EX DIV, although there was a bit of panic selling in the first hour of trade, price dropped to $0.81 shortly. Down 20%!! shame I missed out on grabbing some.