Go back thru the UGL anns over the past 8 months or so and u'll see that barely a month goes by without UGL announcing a substantial new contract win. If a month is missed UGL sometimes compensates with 2 contracts the following month. I own about 6 mining/infrastructure contractor stks. none can match the consistency in winning new work of UGL. One very smart company that can outsmart LEI on occasion. Lower risk than LEI imo as UGL is reluctant to do work offshore and expose itself to bad debts/currency fluctuations. Exception is their property maintaince business in USA which i expect will not match previous earnings. Nevertheless, look for goodish result next week. H210 should be even stronger. Hold.
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Currently unlisted public company.
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STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
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