LEI 1.67% $20.71 leighton holdings limited

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  1. 128 Posts.
    lightbulb Created with Sketch. 1
    Simple answer - They are suffering growing pains from growing too fast too quickly.
    They need to consolidate for a period (which David Stewart has already flagged) and then continue growth (probably in 3 years time IMO. Sure the sectors of resource and infrastructure repairs are on fire but LEI execution / capacity has question marks till sorted out.

    I don't see any return to stellar performance in the next 3 years.

    Sorry but no reason to hold on....
    Could go to $17 (and not a bad buy at that price)
    Better prospects with other companies in the short term
 
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