BRS hit by triple whammy!, page-41

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xindongzuitaohua

4,793 Posts.

90

12/02/16

14:04

Post #: 17005719
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Originally posted by 68huey ↑

Also reading that SMH article, they are dreaming saying BRS is only worth 73c without the DIBP contract what a joke....

This is really just a tree shake....

What would BRS be worth on its own asset value wise with equipment, mining rigs etc, without current contracts and goodwill value that Ferrovial seeks.

If it didn't need Broadspectrum's name and customer contacts they would be going it alone with Ferrovial Services Aust and tendering for contracts like everyone else....

So again they are just trying to buy on the cheap and for a bargain basement price that they can get it for....

I am happy if Ferrovial just walk away and forget the whole takeover, and let BRS get on with the job of servicing customers and winning more contracts and renewals. Lets face it, i'm @ more than 50% loss and waited for over 5 yrs for recovery of the SP, i'm happy to wait longer for it to recover before selling out, i'd rather get a profit than take a loss, bit like leaving it in the draw for some time until it recovers, i don't need the cash right at the time.

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From TA side, yesterday is a typical reverse hammers indicated trend reversal after sold down...

The crap world market did not help at all so today SP dip again with low volume....

However, the big reversal will come sooner than later.....

BRS Price at posting: $1.05 Sentiment: Buy Disclosure: Held
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