how could it become a “lifestyle” company? Companies in the group do billions of dollars in business, Just CPB + UGL taken together make this company the #1 Tier 1 Contractor In Australia, they’re involved in the majority of major infrastructure projects that are currently ongoing, it’s why the share price is such BS, it’s like for the last year: CPB wins 400 million dollar contract, share price down 1%.
Comparing to shitbag mining companies with 40 million dollar market cap like come on mate.
The share price has been deliberately suppressed to allow hochtief to buy up the remainder of the company on the cheap, they fully intend to keep it as a profitable asset.
CIM Price at posting:
$22.00 Sentiment: None Disclosure: Not Held
