Agree. Ratings by most of the financial inst's seem uncorrelated with price action and/or announcements. Load of populous BS. Construction sentiment seems pretty poor atm , but people forget transport infrastructure always needs building and some companies like TSE, BYL, WTP, and SWL look undervalued. SWL looking like a good buy now. Fundamentally they look ok, current PE of 10.8, plus the forward looking contract work is obviously the kicker.
Agree. Ratings by most of the financial inst's seem uncorrelated...
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