Whilst meeting guidance for 13/14 would be desirable (and I think they will), the most important element is the outlook given for the 14/15 year. They will have 2 acquisitions under their belt (Jaya and the additional yard space in Dampier bought from BIS). A quietly optimistic outlook would be a very welcome news.
I will be interested to see what type of accretive earnings in 13/14 are attibuted to the yard acquisition from BIS. I note in the last preso they said earnings were soft for supply base operations - not ideal news following an acquisition.
Future energy is offshore!, page-7
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