Engineering stks forecasting even a mildish downturn in future earnings has seen the mkt hammer the share price. A month ago MAH was smashed 27%, CLO a similar amount last week and today HST is down 11.7% after management indicated weak 1H11. I have always like Hastie's management despite the huge mistake in buying UK firm right at mkt top. HST well established in Oman (not Dubai) and are specialists in hospital refurbishment/construction regarding all things refridgeration. Not totally convinced, but bought back in (after 12 month absence) at 1.37.
market shows no mercy
-
- There are more pages in this discussion • 23 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)