Hi Folks
I keep diving deeper in the history , the present and the future .
a little background
home ground - built for 140m
revalued down to 56m book value last year - decent chance it’s sold for more.
most valuable when there are big projects in the region, may be on the cusp of a few big projects , solar farms and or hydrogen . This will make homeground more valuable whether kept or sold but a lot more valuable to any buyer needing workers there for years- interest is improving
in terms of contract wins - solid and progressed pipeline , loads of future work to bid on - much of which is road projects which is a key competency . I understand of the massive 350b infrastructure spend by state and local govts - half are roads
i think we will see some of the pipeline coming to Fruition soon. In the webinar the mentioned that all projects were going well and profitable yet they expected cash to be less by end of June due to bond payments. This can only mean the have high confidence on some contracts closing soon . I am banking on another 150-200m of work by June. Next FY year likely to be even better
I hope they monetise Homeground , as this will provide a massive capital base by which they can crank about the work on hand
have 300k shares and accumulating - I see 100% upside. I note so say Euroz !
Hi Folks I keep diving deeper in the history , the present and...
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