still holding, page-32

I generally agree.
There is so much bad news baked into the SP, it is overflowing.
But I see Robert Gottliebsen today in the Eureka report rubbishing LEI because of agreements with unions.
They got in financial in Victoria (saltwater) and queensland ( The motorway) because unions took them to the cleaners and the LEI management went like sheep to the slaughter.
Now LEI is under management.
They require all subsidiries to come together to co-ordinate bids.
I see significant rerating for LEI this year and next..............contrarian