I believe strong results will help in the short term but people will be looking into future earning books and commentary of these companies also. EPS of 50c now for the half are not much good if there won't be much work in 12 months time. This is the drag at the moment, people are envisioning a slow down in 2014 and beyond. It looks a little overdone to me also, remember service companies couldn't keep up and find staff some 2 months ago.
One must also feel FGE is getting mighty attractive to CLO.
Less talk and more solutions in Europe could turn these stocks around quickly.
FGE Price at posting:
$4.37 Sentiment: Buy Disclosure: Held
