debt is up due to working capital from a project that is in mobilisation, debt will reduce after this is completed- saipem/
should do well as theres always interest in lng in the browse- further work on saipem and other projects like santos recent discoveries as well as general maintenance.
also general economic rebound esp in infrastructure - in key workforce, TP divisions.
cost outs make the margin a bit better than stated- its decreasing costs rapidly.
- Forums
- ASX - By Stock
- Under valued
debt is up due to working capital from a project that is in...
-
- There are more pages in this discussion • 42 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)