BLY boart longyear group ltd

Very interesting indeed. Been lots of positives, including the...

  1. 184 Posts.
    Very interesting indeed. Been lots of positives, including the stronger balance sheet and restructure of debt, but the company SP is basically flat over the past two and a half years (taking out the 1:10 consolidation).

    Been range-bound over last few months, the company did re-affirm full year guidance, and 1H10 -> 1H11 EPS went from 7.1 to 16.1. Given FY10 EPS was 18.5, is difficult to understand why there hasn't been some kind of movement. Most recent high $5.01 imo is likely if full year result hit or exceed guidance....should at a minimum create a stronger floor then $2.80.
 
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