JHird, This is a company with enormous potential based on the experience of the team running it. Add to that the fact that the number one shareholder (and Non Executive Director) owns a large scaffolding / formwork equipment supplier in China, hence my comment about the Far East. I would expect that he has may have some useful connections which could be handy when trying to secure large infrastructure projects. As Jamesdorran pointed out it is one for the long haul and I expect the rewards will be significant. I bought at 6/6.1 cents the other day when UBS finished selling. The financial results didn't meet the independent valuers forecasts but even so taking a pro rata valuation based on the actual vs expected EBITDA the shares should be over 10 cents now.
Regards Aksier.
IFS Price at posting:
7.0¢ Sentiment: LT Buy Disclosure: Held
