the year of strength for macmahon, page-9

Huckle,

I believe there is approximately 5M loss that will be incurred that wasn't accounted for in February due to the contract termination at CSA.

Now weather that or part of that will be declaired in 2013 or 2014 is anyone's guess.

There have been reductions in manning levels due to client cost reduction measures which I belive will effect both 2013 and 2014. The only comfort here is they may have allowed for some of this for 2014.

My opinion is that this company is in turmoil and is set for some more pain in the future........so in relation to the subject line what year will be ther year of strength???....2013 (most defiantly not)....2014 (not likely)....2015 (coud be...... we will get a glimpse in the end of year report and will depend how Christmas Creek. Is goingvi suggest)

I don't know when the last dividend was paid but I suggest you don't hold your breath for the next.

Will we see sub 10 cents again??

I'm all cashed up in anticipation.

Good luck all.