Was going to buy some before the results but been looking at other engineering contractors and I'm a bit worried. RCR got smashed when their half yearly came out. Conversely, MLD has been rising into their announcement and still looks good. SSM rose sharply after announcing but they're not exposed to mining.
BYL should look good on the bottom line but take out the one-offs and I'm a bit worried about the underlying business over the next 18 months. How many more roads will miners need? How much cash will WA Govt spend?
Anyone else doing comparisons? Is a leap of faith called for?
H! Report due 23 Feb, page-6
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