re: Ann: 200 Room Camp Contract with Australi... This is an...

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  1. 675 Posts.
    re: Ann: 200 Room Camp Contract with Australi... This is an interesting company, I have taken a position after the annual results. They give good information regarding divisional performance - and their portable accommodation business appears very profitable combined with rapid growth. This contract reinforces the strong reputation that TTN are developing within the industry.

    The CSG/LNG boom is unlikely to be affected by the current turmoil in commodity markets - I think this is a case of the baby being thrown out with the bathwater. TTN's forecast for 2013 puts them on a PE of around 4.
 
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