Magic!!! It's made obvious that there's more on the way as well, which is great. I'll go through some broker reports tonight when i get home and check up on how much we can expect this new contract to be worth based on previous projects of a similar scale.
Also, can someone tell me which contractor awarded it to PCG (e.g. WorleyParsons, FosterWheeler, McDermott)? Just interested to know....
Big month coming up; we get the 1/2 yearly which hopefully gets full year EPS to 10c. As well, i'm looking for a slightly increased dividend. Interspersed between all that there's a good chance a couple of other contracts will be awarded, especially in Thailand. Wait for the analysts to start upgrading their FY07 forecasts.
Net result: Pressing the $1 mark again by the end of September. All those clowns that doubted this company have egg on their face, and anyone who was game enough to top up when PCG slumped into the 60's is going to kick a!se.
Good luck to all holders. This stock is a long-term winner.
Cheers.
PCG Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
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