DUR 1.57% $1.25 duratec limited

DUR General Discussion, page-54

  1. 7,320 Posts.
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    First half review not very encouraging, margins getting crushed.
    Saviour is cash on hand which means company can survive.

    Now we know why the share price dropped continuously throughout 2nd half of CY2021.
    Share price was NOT being manipulated. Holders who had a better feel for the company were exiting knowing the results would not be good.

    Holding onto my small position, but this company really needs to show performance before I will add significantly.

    With a short life as a listed company, one cannot use historical figures to see how the company performs during more difficult times.

    The facts as per the financials does not seems to correlate with the nature of the business as displayed in the IPO documents (ie wasn't DUR supposed to be a contractor with durable income streams because of the nature of its work).

    Time will tell.
 
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