fundamentals will return ...........

Its never a good thing when the media is printing stuff like this, nearly always has a negative impact in my experience.

http://www.thebull.com.au/articles/a/23263-6-stocks-on-takeover-alert.html

Forge Group (FGE)

Perth-based engineering and construction company Forge Group works with BHP Billiton, Woodside Petroleum, Chevron and other firms across a broad range of commodities. Fully-owned subsidiary Cimeco won a small Gorgon project in October 2009. Wins have continued to flow, with earnings upgrades. Russell says that at the end of August 2011, Cimeco received a notice of award for engineering, procurement and construction works at Fortescue Metals Group’s Solomon Hub. A $200 million contract is expected this month. Recently, it was awarded a port materials handling contract for Hancock Prospecting’s Roy Hill Iron Ore Project, positioning it well for the construction phase. Forge posted another record for full-year 2011, with revenue growing 72 per cent to $425 million. Net profit after tax was up 32 per cent to $38.8 million and it has net cash of $70 million. Russell expects earnings per share growth of between 15-to-20 per cent this year to more than 50¢ cents. On the corporate appeal front, Forge struck a strategic alliance last year with listed engineering company and construction group Clough Limited in a bid to scale up and win more contracts. Clough now has a 33 per cent stake in Forge Group.