TJ....if this is the "new normal", then those companies overly...

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20/08/15

13:55

Post #: 15843041
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Originally posted by TokyoJohnny ↑

Hotfire - all correct - particularly the last bit. I guess it is also a case of if this is indeed a storm that will pass - or that other horribly overused term "a new normal" in terms of activity for the sector. Alot of players chasing good opportunities - but not at the level of teh "construction phase" in many projects of a few years back (them were the days.... sob). hence why would be great to know (not just RCR) profile of order books in terms of confirmed revenue and style (open book, rates, etc.) for sector players. Some do it. Others don't. best thing on RCR (looking at it again) was EBIT margin ticked up a bit. Low of course vs other sectors, but good nonetheless that not further crushed

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TJ....if this is the "new normal", then those companies overly exposed to the mining sector will need to diversify.

The quickest means to diversify is do that what RCR did and takeover Norfolk at the time they did. So you have give management some kudos for the timing of their acquisition.

So Norfolk were prey to RCR and imo RCR is also a possible prey to someone eying diversification.

RCR Price at posting: $1.75 Sentiment: Buy Disclosure: Held
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Last 1.2¢		Change 0.000(0.00%)		Mkt cap ! $3.510M

Open	High	Low	Value	Volume
1.2¢	1.3¢	1.2¢	$27.06K	2.119M

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1	190656	1.2¢

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Price($)	Vol.	No.
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No.	Vol.	Price($)
1	190656	0.012
9	3154325	0.011
5	1722323	0.010
5	1513333	0.009
3	480000	0.008

Price($)	Vol.	No.
0.013	773515	2
0.014	1362816	6
0.016	276029	2
0.019	35117	1
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TJ....if this is the "new normal", then those companies overly...

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TJ....if this is the "new normal", then those companies overly...

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