budget concern, page-2

There is little following of SWL, but Yahoo indicates that the one broker they track covering the stock (I think it is Morgans) downgraded FY15 EPS from 18c to 16c this week https://au.finance.yahoo.com/q/ae?s=SWL.AX

I haven't read their report so I don't know what their reasoning was.  I doubt that infrastructure projects are likely to be impacted by budget revenues at the level of project SWL is likely to tender for.  Because SWL is so tightly held, SP moves in both directions tend to be amplified.  This is one stock I am happy to keep in my portfolio for the very long term - a great company that pays a very healthy dividend.  And yes, at times like these it is worth considering buying some extra.

A little more at http://markets.ft.com/research/Markets/Tearsheets/Forecasts?s=SWL:ASX