BLY 0.00% $2.91 boart longyear group ltd

capital raising, page-42

  1. 2,047 Posts.
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    The guy has no credibility in the Australian he says that rising interest rates will hurt BLY profits.

    Did i hear wrong or did he say rising interest rates??

    I dont think the guy knows much about BLY or the drilling sector.

    Their margins are much higher than people think, much more than constuction companys.

    Anyways $700 in debt is nothing cos when the sector picks up which it is already BLY will be making 200+ million net profits.
 
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