why the big drop?, page-7

Cheers Mike, will check out the UGL thread. HST not well covered on HC. They've re-iterated earnings guidance several times over the last few months. If they achieve, then they'll be sitting on a PE of around 3 for a $billion revenue per year company. Cashflow last year was excellent too. However, Ireland & the UK are in deep do-do, especially Ireland, as far as property markets are concerned. Not sure how this will affect HST. Having said that, the Jennings family of Rotary have been through many cycles & managed the business very well. Plus they increased their holdings in HST substantially in the last few months. Good luck with your holding/s.