re: anyone see some value here..what is the bottom
Whoops, my mistake.I sold most of my holding at mid 80s and haven't been paying close enough attention.I looked quickly at Comsec Research and got it wrong.I see their 2nd half 2006 matched 2nd half 2005.2.7c EPS did surprise me.Then again the geological diversification is going to be a winner as it was and still is when they first went into the Caspian area.That took awhile to bear fruit.Another thing i like is once they have bought the hardware (scaffolding, formwork etc ) its reusable for years.Expanding their horizons and dealing with as many contractors as possible will smooth out the cyclical nature of the business.Asia is a good move.The company is gaining confidence with every passing year. RAB
PCG Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
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