cheap metrics after a monster half year, page-11

  1. 1,867 Posts.
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    Yep,

    looks real cheap, but future earnings in 2014 and going forward is going to be an issue for a number of these type of companies, they will need to replace the Bellamack earnings when that project finishes, and i just think that the whole tendering process is going to become very tight, with lots of companies keen for the same few jobs,

    both the big 2 are talking about cutting costs and this is filtering down, just look at UGL yesterday,

    anyway i sold out , basically that was my holding causing the road blok at 40 cents for the last 10 days, hope it goes to 60 for current holders, but my average was 32 and got 2 dividends so more than happy to take it off the table,

    good luck for existing holders.
 
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