WOR 2.01% $14.12 worley limited

Current SP 15.65. I can't see it being at this level by end...

  1. 9,544 Posts.
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    Current SP 15.65. I can't see it being at this level by end CY14. Macro is bad and getting worse.

    I agree with Mike on this one. They are winning contracts but they need to pull a rabbit out of a hat in the second half.

    Having said that, if they surprise to the upside on their result in the 1st half, there will be plenty of roasted shorts. I am hoping they comfortably beat their first half profit estimate.

    Funny how it easily cut through to +17 on news of the merger of its two competitors. Market is a funny beast indeed.
 
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