CLO FGE

re: Ann: CLO: Clough Forge awarded ECI contra... I think if 200...

  1. Veecat
    7,580 Posts.
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    29/08/11
    16:56
    Post #: 8887302
    re: Ann: CLO: Clough Forge awarded ECI contra... I think if 200 million was awarded on their own maybe a 50c rise? with CLO as a JV 30c rise, just as CLO arent as efficient. That is pure guess work there.

    The market wants to see order books full but it is a tough climate to convert it into profits at good margins these days so i think it ultimately comes down to earnings guidance in the end.

    In saying that I would love to see a coupel of large contracts fall as the potential for a larger profit then grows.

    Hope your intel is correct.
    FGE Price at posting: $5.12 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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