re: another profit downgrade $165 million 1538 [Dow Jones] Completing Wembley stadium in London in time for FA Cup final
will be tough for Multiplex (MXG.AU), says Intersuisse analyst Peter Arden, who
has an Avoid call on the stock. "They've made quite a mess of it," Arden says.
MXG took on too many projects and weren't paying enough attention to Wembley,
Arden says, predicts delays and cost overruns may begin to affect other
projects. MXG down 28 cents, or 8.1%, at A$3.17. (BBA)
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