Oh Boy

[Salty]

What is going on here? With new contracts and relatively good results expected the trend is negative - any ideas?

[asylum]

look at m&r same problem i think. Power interuptions means projects cannot be finished in the specified time = shares get hammered.

[Electrox]

Dont you Guys think that this is a temporary setback and that it might be a good time to add long to MUR,AEG,GRF in the next week or 2

[platsak]

Problably. Thing is, how to know if we are near the bottom or not?.

[asylum]

mur are bidding with their US counterparts to build one of the new Eskom power stations if they get it the price will rocket if they dont then well could be more downside, its a catch 22 im afraid.

[Salty]

Am I misguided by saying this sector seems more bouyant internationally than locally and that the sector is currently significantly underrated locally - the power cannot be the only reason surely

[saash]

and that the labourers keep slowing production with strikes for higher wages

[Project_Directo]

Believe me these guys dont even know where to stash the cash their making at the moment. They dont work on sites anymore there called casinos the margins are so good, get a engineering/site job mateys, times they are just wonderful.lol