re: Ann: Acquisition by CGH Subsidiary Brown ...
we are starting to see the flow of results from mining service companies.
yesterday TTN went ballistic with a very strong report across multiple divisions.
but today RUL not so good as it is a pure consulting business and had a worse second half than the first.
So diversity and the sector of the resource industry that the company is operating in are the keys I think.
How will CGH go? Very exposed to RIO and BHP I think so could be an interesting report. Time will tell if it has been knocked down too hard. I have bought on this basis.
cheers gosouth
CGH Price at posting:
36.0¢ Sentiment: ST Buy Disclosure: Held