why is the price of lei falling, page-11

strong order book, almost uneffected to current econmic turmoil given alot of projects are govt related infrastructure and mining services (but lei not directly effected by commodity prices).

also gaining momentum in middle east, india and asia.

melb looking to build $5b+ worth of tunnels, that lei is expected to be very strong contender for - prob 80% chance a lei entity will get the job.

seem to have really tightened up project mgt/risk and are delivering almost all projects under budget and early reaping bonuses rather than exposing themselves to cost overruns.

lei with a 4 starting the shareprice is a strong buy. a gift this morning (or yesterday) at $44. if it drops back under 40 (if dow/asx tank) this is one to load up on.

feel free to short.