AJL aj lucas group limited

Ann: Preliminary Final Report, page-4

  1. 2,910 Posts.
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    You are very positive and optimistic Roughie. The management said in 1st half that 2nd half 2017 would be positive and now look it is sheet. The last 4 years they blame loss making on difficult csg market environment and now the market is good tbey blamed the weather. Noone would believe if management think uk shale will get commercial flow rate because they said we have 200tcf and then 5 years later they said they are not certain. OZ business is a dead wood which the company can turn around. It will eventually suck the life out of the company years after years of loss making in a market (coal mining) is sinking.
    Last edited by tgn01: 31/08/17
 
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