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4.35% 24.0¢ cardno limited

$1 on the card-no, page-22

  1. poyndexter
    26,672 Posts.
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    21/01/16
    19:36
    Post #: 16844678
    I am in the same field as part of Cardno's business.

    I am musing if their journey of a decade of acquisitions is failing to gel and if so is mirroring former high flyer Coffey?

    I compete with part of Cardno's operations and imo they have undertaken some expensive acquisitions near the top of the cycle. Conditions deteriorate, work dries up, competition is relentless, margins evaporate.

    Dex
    CDD Price at posting: $1.03 Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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