Trading update

[f4jsa]

Considerable downgrade in expected earnings over next 3 years. Not entirely unexpected. Seems to mirror the bigger players like MUR. Are we selling?

[#2]

My personal strategy is to focus on the niche and smaller construction players, like ESR, BSR and buildworks. My thinking is that a company with a R2bn-R6bn turnover will have a much better chance of achieving growth in the construction sector than the likes of M&R & AEG, who have to do better than R30bn to show growth. Also, all the construction firms are toting mining as their growth areas, so geotech firms should benefit from increased commodity prices, which in turn translates to more mining construction - in theory

[the_stig]

I think we have missed the boat on this one, my view is to hold and wait for the recovery. Being involved in the mining industry, my view is bullish on growth in platinum, coal and even some gold juniors so hang in there - OMHO

[dbm]

I am going to hang in there. In fact I might even buy should it come off in the medium term.