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Nice spike in price - however, is this justified?

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CHATTYCHAT
Super Contributor
Seemingly civil eng construction entities attrack attention because their order book is either well stocked, or depleting. The latter causes a downside. BSR benefits from the recent announcement that they benefir from solid awards. Lekker that those who want to dispose of their shares can now do so at a 50% rise in price. Anybody cared to look further? How profitable are the existing contracts, and how profitable will these billions of work be once execution starts? Worth wile to take a keen look!
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1 REPLY 1
Not applicable
There is still a competition tribunal judgement outstanding I think? But in terms of quality - they are getting nice new wins in a tight market. When the construction market properly turns, they should do well. BSR is my personal top pick for the construction sector - with WBHO runner up (Stef stocks is a favourite in the market, but I don't like them as much).
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