IFS 0.00% 3.2¢ ifs construction services ltd

Scaffold rental is good for cashflow but it's the formwork where...

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    Scaffold rental is good for cashflow but it's the formwork where they should be getting the big dollars like the GCS announcement in feb on the $24m contract on the bookfield multiplex.
    From gcs announcement in feb also, gcs expect to be on track for half year profit of $7.5m after tax on revenue of $44m.
    If ifs come up with those figures for the full year their market cap should be over $30m or half of what gcs is capitalised atm.
    Singapore seems to be their main game atm also.
 
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Currently unlisted public company.

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