WOR 1.63% $13.91 worley limited

Ann: Qatar Shell Awards EPCM Contract for Pearl GTL, page-12

  1. DSD
    15,757 Posts.
    I meant to add that yesterday WOR rival MND held their AGM and the SP soared. Yet the tone was cautious almost gloomy with meeting revealing:
    a) Rev for 1Hfy17 down significantly on pcp.
    b) Competition and pressure on margins stronger than ever.
    c) Projects being delayed/postponed.

    Clearly Mr Mkt prepared to pay far higher multiples for stks in a sector whose macro has changed dramatically.
 
watchlist Created with Sketch. Add WOR (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.