WOR 0.86% $13.86 worley limited

Infrastructure Boom Coming, page-5

  1. DSD
    15,757 Posts.
    "I meant to add that POO is the one to watch. But main driver remains number of contracts awarded to WOR and still only one this FY announced way back on 12/07."

    POO down 1.81% so far this afternoon. I expect Clinton to win so it may have a partial recovery. But no oil producer is contemplating capex on new projects until oil rises at least $20/brl from current levels. WOR is a stk than benefits in a boom like that of 2002-2013 apart from crash in 2008. Hard to see a repeat of that incredible surge in investment esp LNG and IO mines.
 
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