I nearly got caught in the hype once ASB announced their new Navy contract (Mobile). Then I took stock and looked at how often the shipbuilding companies take on these tasks and make a loss. Sure enough the towing - salvage contracts are looking like another loss making venture going by their recent announcement and I reckon if the same idiots are pricing up the latest US contracts it will happen again. I'm not putting my money into loss making companies. BIS is far better IMHO (not a holder)
I nearly got caught in the hype once ASB announced their new...
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