Ann: Half Yearly Report and Accounts, page-5

The underlying numbers are good but I remain in the large camp of people who struggle with the way they present themselves to the market. Even though I wouldn't be surprised if Ferrovial has another go at some stage, I still sit on the sidelines here because they struggle so badly to articulate themselves. I also think they should have developed a construction capability as well over the last couple of years. This was a big missed opportunity as I reckon that way a foreigner would easily be looking at them now for $4 rather than $2.