BLY 0.00% $2.91 boart longyear group ltd

What did you all expect? The company had a bundle of debt and...

  1. 22 Posts.
    lightbulb Created with Sketch. 6
    What did you all expect? The company had a bundle of debt and they've managed to turn that around substantially which has put them in a healthier position.

    Sure they've mentioned that the outlook is a little shady, but we are looking at times where developing nations like China & India are resource hungry and resources are going to continue to be in demand. Guaranteed work and growth for quite some time.. that's what I see.

    I bought in for the long term.. If a dividend is issued in the next half that's a bonus. But I'm sure during this half we will see the company profits go up and up and up.

    Just my thoughts.





 
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Currently unlisted public company.

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