DOW 0.52% $5.78 downer edi limited

reliance update article, page-5

  1. 1 Posts.
    I'd prefer my first post here to be positive but.... Fasten I'm going to disagree with you, Downer is a strong company but the Waratah project is a dog. CRC in Chang Chun who build these trains employ school aged kids with no experience. poor supervision (China being as corrupt as it is, you buy your job there, you don't earn it) and are supplied with no PPE, or anything resembling trade quality tools.
    By the time a set gets to Cardiff it requires as much time to fix it as it did to build it in the first place. in excess of 60000 hrs for each process, this is at a rate of 1 per month. Trying to double production in China, given their work ethic, would be dangerous to the end user. IMO. Chang Chun can build world class trains, but not with the green skins that they have on this project. Add to that a group of disgruntled supervisors who can not lead or communicate with each other in OZ and production managers that dislike each other, well the picture paints itself.
    IMO only.
 
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