Funny about those significant contracts you are talking about - is it the same ones they are talking about in their outlook? They are specialist contractors working in an area with few competitors and they have a record pipeline. The order book is not the only gauge here. If you want to get technical - sure - thats the immediate stuff. Not everybody chases yield mate. Some investors can see that is not the be all and end all of a diversified portfolio. Its buying time for me. However I will still say - drill down into this latest report - look at all the segments - see how they can balance their projects across the different areas - where they can grow - where they can wait for the potential to arise - why they are actually quite quite resilient. DYOR.
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