Unfort the whole M/S sector has been trashed dragging down all great value co,s. BYL and NWH do a lot of work outside of mining but sentiment and downgrades and the fear of downgrades makes a strong headwind to have to fight. NWH earns re 60% from its civil division and BYL must earn alot too.
Swan tipping another $3 billion minto infrastructure development esp roads and rail. The mkt cares didly squat. Value everywhere but some are traps with div drops and downgrades ahead.
BYL Price at posting:
28.0¢ Sentiment: None Disclosure: Not Held