MAH 3.57% 29.0¢ macmahon holdings limited

piggy back on leighton client expansion plans

  1. 3,267 Posts.
    mah's strong relationship with Leighton provides strong indication of increased order book this year.....

    from mining technology over night....

    Leighton Says Miner Clients Planning Big Expansions
    14 May 2009

    Leighton Holdings, Australia's top mining services contractor, said it was less worried now about demand from its mining clients than six months ago.

    "What the clients are talking to us about, the potential, is contrary to the wider view and what's been happening to some other players," Leighton finance director Scott Charlton told analysts on a conference call.

    "We've got clients asking us and looking at some very, very big expansions. I think we feel a lot more confident after this last review and discussions with our clients on what they want to do."

    By Sonali Paul, Reuters
 
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