1. One more DCG's 'similarity' with NWH: NWH has been in a ~6 months or so long dispute with Samsung C&T over FINISHED and delivered (apparently excellent job done by NWH) work at Roy Hill iron ore mine.
Today's news are that Samsung C&T did not pay and does not want to pay. DCG recently signed $40m at the same location and with ... Samsung. News are that : "NRW Holdings intends to take project manager Samsung C&T to the Singapore International Arbitration Centre after failing to resolve the six-month-long dispute".
So I do not like it at all. Seems to be very risky business dealing with Samsung C&T .
2. WOR just announced severe charges that will slash profits by 50%. And it is just another one in a queue: AAX, NWH, WDS, BKN etc etc made similar announcements recently.
3. And do not forget about big, big warning bell which was : total FGE collapse just months ago.
So that's why I do not touch toxic segments now which are IO and mine related engineering stocks.
1. One more DCG's 'similarity' with NWH: NWH has been in a ~6...
-
- There are more pages in this discussion • 22 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add DCG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
29.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $45.89M | |||
| Open | High | Low | Value | Volume |
| 29.5¢ | 29.8¢ | 29.5¢ | $77.69K | 261.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 13441751 | 29.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.0¢ | 2038083 | 9 |
View Market Depth
| Last trade - 15.54pm 02/08/2024 (20 minute delay) ? |
| DCG (ASX) Chart |