How can this be described as a 'fantastic announcement'? Write downs increased by 200m (Divine more so than MAH is a problem IMO) and EPS dowgraded again..... this time to 8% growth. Divs are maintained which will steady the fall and nobody doubts LEI's ability to consistently win new work. I had sold 80% of my LEI stock but still hold and believe in their ability. For medium or LT investors LEI will deliver. But not a fantastic ann in my book.
LEI Price at posting:
$25.18 Sentiment: Hold Disclosure: Held