HST hastie group limited

possible bounce, page-4

  1. 89 Posts.
    Im hoping you are right Octain however as I type this the share price is continuing to fall and its looking more and more like a Dead Cat Bounce.
    I agree with what you are saying about estimators, however all prices leaving a company are surely being signed off by the relevant business unit head as a matter of due care and diligence. It can be easy to hide all a company's mistakes by saying a job was under quoted when it could be that bad project management or bad management in general was responsible for the job not making a profit. It would not be unreasonable to expect the business unit head to assume responsibility for the performance of his business, afterall that is what they get paid for. Assessing which business heads have what it takes is no easy task when ground level management has the ear of senior management and are able to sweep their shortcomings under the preverbial (probably estimating)rug.
    Im not anti-management but in my experience it does seem to be that often good staff get the shove to be replaced by slick talkers with no substance to their often grossly inflated credentials. I did read a previous post that said that corporate types and accountants are taking over and I hope that isnt true
 
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