GCS 3.09% 50.0¢ global construction services limited

Ann: Investor Presentation Half Year Results, page-2

  1. 1,186 Posts.
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    Does anybody have any idea why this has fallen so hard over the last few weeks? The financials listed in the Feb. presentation look good (at least to me): revenue increased 17%, earnings up 20%. They've repaid a hell of a lot of debt, down 40%, NTA of 83.7c, and from the latest presentation:

    Intending to reinstate final dividend for FY16

    I'm in @38.5c as of today. Hope this isn't a value trap.
 
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