LEI 1.67% $20.71 leighton holdings limited

fy report, page-5

  1. 618
    3,221 Posts.
    lightbulb Created with Sketch. 2130
    Very true, but Wal's 2010 forecast wasn't as impressive as I would have hoped.

    Wal, like most other CEO at present, is probably leaning towards under-promising and over-delivering as opposed to the other way round. This is prudent given the delicate balance in the current state of the global economy. Improvements are there (eg. France/Germany +ve 2nd GDP), but some bumpy ride ahead (eg. US payroll number). Overall, with near record order book, they should outperform over the next 3-4 years - especially when the oil-driven arab world starts to breath again with the oil price recovery :o)

    618
 
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