LOTS of info from ggg and links are worth reading for shareholders. I've also written in prev posts that LCM targets small jobs that MND, LEI, WOR etc don't bother with. But it's the squeeze on margins that worries me. Right now the LNG pie is massive and LCM will get their share. I also stated the eps i gave assumed that cash from Kazakhstan will not be received in FY14. If it is then eps will be substantially higher. It's an approach that says: 'assume things are tough and competition is fierce'. If one can see value whilst looking through this lens then LCM worth considering. I've not disregarded re-entering LCM. Instead i'm waiting for SP to reach my new IV. Of course it may not get there.
What eps are readers expecting for FY14?
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LOTS of info from ggg and links are worth reading for...
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