daytrade diaries... monday, page-206

news leaking like a sieve now. An excerpt from a longer post i made on the UGL thread.

Putting these 2 announcements/projects together some 10-12 BILLION will be spent on metro/urban rail over the next several years starting in a few months. Several companies will do well but the best advantaged and best positioned and most highly leveraged..... and has been working overtime to position itself to win big is... UGL. I had to pay $10.05 an hour ago compared with 9.45 last week. UGL share of 1.3Billion is very conservative. A more likely figure is 2-4Billion. A company maker!! expect 37c div Ffr in august and much more to follow in 2010-2013. IMO THE safest stock on the ASX200. Please DYOR.
Disclosure: am loooong UGL.