financial stability, page-10

Who would have ever thought that one day(4/12/07) TBG($1.98) would be worth MORE than BOL($1.93)

The instos very rarely get the price 'direction' wrong,NOTE THE DOWNWARD DIRECTION IN PRICE FROM 03/06 TO TODAY, the only thing in my humble opinion that will see a severe reversal of price in a major way to previous levels will be either a huge increase in eps or a takeover offer!

Going foward the likelyhood may be for ever increasing costs in particular an increasing interest rate enviroment and also competitive market and sector conditions and the pressure will be on all within BOL to step up to the plate and perform

Some investors need to be reminded that the forthcoming infrastructure spend by all govts on various projects are not set in concrete and that the tendering process for any such projects is a highly competitive process where numerous players are able to provide the services that some have thought BOL had a mortgage over and this goes beyond just cranes ie.intellectual capital,manpower and skillbase.