re: Ann: Forge Group Joint Venture Secures $1...
Some thoughts I am musing...
What is this project really "worth" to FGE in terms of earnings / market cap? I was speculating that 800m work at say a 20% marging over two years might be about 80m pa in ebitda pa?
Will this be a boost to earnings or will it fill in a gap caused by a shrinking of the Aus capex boom?
I've been a holder now for about 5 years since it was below 100 and have always been amazed at how smoothly this company seems to grow.
FGE Price at posting:
$5.61 Sentiment: LT Buy Disclosure: Held