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Service companies like SRG have a long history of risk, as we both know, especially in downturns or recessionary times. They're always good till they're not. What was that one in WA I think we both got caught out by unexpectedly, Ive forgotten its name. Was it EAL? No I think it was Brierty. A good few years ago now.
The CEO of SRG said not long ago something about sustainable margins and that they were watching that. I don't really think it's fair to say anybody can win more contracts. The buyer will do their homework too, they don't want to be caught with unfinished work.
SRG Price at posting:
72.5¢ Sentiment: Hold Disclosure: Held
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