BLY 0.00% $2.91 boart longyear group ltd

friday

  1. 811 Posts.
    Well i'm looking forward to the results on friday.

    Going on past history the board and mgt have always been very conservative with their figures.

    Back in Feb their ebitda outlook was for a 35% increase in fy11, with comparable organisations achieving above expectations I am incluned to think we could easily get over 40%, which would be fantastic.

    Plus back then the rig utilisation rate was 75%, if they can push that over 85% then IMHO we are looking for another great year to come.

    I'd expect the SP to perform strongly as we get close to fridays announcement as those shorts get covered. all assuming the states do go and upset the party....
 
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