MXG multiplex group

re: so where to from here? 0906 [Dow Jones] STOCK CALL: GSJBW...

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    re: so where to from here? 0906 [Dow Jones] STOCK CALL: GSJBW cuts Multiplex (MXG.AU) target to A$2.95
    from A$4.40, keeps at long-term Sell, short-term Underperform following recent
    "shock" profit warning from Wembley. "Essentially we have stripped out every bit
    of blue sky," broker says of reduced valuation. Expects construction backlog to
    fall to A$6.5 billion from A$6.7 billion, compared with a previous forecast of
    up to A$8 billion. MXG latest at A$2.73. (LMF)
 
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Currently unlisted public company.

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