Hi Vayama i echo your thouights....King has the lion's share of the big-project market in Australia, as illustrated by the fact that every time there is a big government job up for grabs -- like last month's Victoria desalination plant -- the choice is between Leighton and a Leighton division and the winner is Wal King.
Im a keen watcher of LEI & enjoy listerning to Wal King sell the whole company every 6mths, he's one of the best in the business but i don't think that in any way is attributable to the closing SP yesterday.
It does move around a fair bit and i'm just amazed of their ability like others to increase their WIH(work in hand) time after time.
Even at these dizzy heights its one thing to win contracts but can they deliver their projects and pull in the required people power during these tough financial times around the world, to get the contracts one, completed on time and within budget?.
LEI Price at posting:
$37.35 Sentiment: None Disclosure: Not Held
