re: so where to from here? The difference between PPX and MXG, in my view, is that PPX's profits go to its core of its business. It's profit downgrade is not due to a 'one-off' project, but a decline in sales which they need to address - badly.
MXG's downgrade is predominantly due to teh Wembley project. True that it shows signs of poor risk management, but it doesn't mean that all its projects that it is undertaking has suddenly become worthless. Of course there is a risk that they do if the same sort of factors affect it.....
Just my thought. I'mm looking to buy but waiting for the right price (I'm not saying that it is not a good price at the moment, but just waiting).
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