Ann: Transfield Services receives further proposal from Ferrovial, page-21

After the rejected bid and profit taking, hopefully we see it turn from these levels. Pretty ballsy to short it now. The fall is not surprising especially given the recent market volatility across all markets.

Given the results from the FY14 report and the recent contracts won, I expect the H1 FY15 to be good. Current price PE is 10.3. Stimulus packages and green markets the last few days means now is a good buying time imo if you can hang around till late Feb for 1H15 report.
New work, plus company restructuring should crank that bottom line. I jumped back in yesterday!