IPG 1.04% $4.77 ipd group ltd

I think people were still discounting this early on as it looked...

  1. 1,690 Posts.
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    I think people were still discounting this early on as it looked like a "cyclical" play exposed to building and construction rather than defensive

    But I would think lots of the electricity infrastructure needs to be replaced and maintained time and again. So there is a recurring feel to the business. And they mention this in the last report and IPO.

    In their last reco 5 months back, Bell had a target of 2.34. So it's interesting they are putting a sell.
 
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