I emailed Davifd Perry re STS and here is how he replied, seems...

I emailed Davifd Perry re STS and here is how he replied, seems ot be confident and business as usual. Snap up your 10% yields now and sit back and clean up I would say.

The Australian construction market is not going to fall off a cliff. There are a range of major projects on the horizon. At the moment for example in Victoria we could not do any more work even if we wanted to. The Middle East will continue on as it has over the last number of years. The Australian Federal Government has call for a prioritization of infrastructure works to be complete by the year end. There are a number of significant projects ear marked in that sector. Don’t forget STS participates in all sectors of the construction market except for residential housing. That is a big pond to draw work from.