Are mining service companies considered that bad that the entire...

Are mining service companies considered that bad that the entire sector is caned.

Looking at the trading update the forecast EBIT is $8m, which is almost double this time last year. Admittedly the share price has also doubled.

The second half where EBIT is forecast to be circa $22m which is 50% above last year. All analyst forecasts (about 6) have a growth in EPS forecast for the next 3 years (unlike MND and BLY)(for what it is worth MLD also has growth forecast).

Why then is the sp down? I have been buying over the past 2 weeks and probably should remove TTN from my watchlist and not worry about the short term drops.
Also a 2% divi is not too far away.

Still believe the sp should be north of $3.20 (only a forecast pe of 10 at that price) but have been wrong in the past.