re: Ann: Full Year Results Announcement - 30 ... I think...

re: Ann: Full Year Results Announcement - 30 ... I think management are being very sensible in their approach. Asset backing ratio to SP is good but earnings is obviously the key. I think management will do whatever it takes to keep these cranes earning money. If the unions give too much curry causing the returns to be unsatisfactory subcontract operators will be engaged which is exactly the correct approach. I have managed similar companies myself and agree with the common sense approach. Expecting we will be hearing about new substantial contracts being executed in the coming weeks/months as management sharpen their pencils and do what has to be done. my opinion only. DYOR