IFS 0.00% 3.2¢ ifs construction services ltd

going nowhere

  1. 453 Posts.
    lightbulb Created with Sketch. 2
    guys, until such time as they get a real MD (current MD appears a fill in with no public company CEO experience and no prior scaffolding hire experience), and until the general outlook for new projects improve I cannot see this going anywhere. The trap is that this years earnings reflects old contracts, there is a time lag and downturn in earnings still to come IMO.

    I would be more inclined to place on a watchlist and wait for the appropriate time.
 
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Currently unlisted public company.

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