Anyone else shorting 0238 GMT [Dow Jones] For RBC Capital...

Anyone else shorting

0238 GMT [Dow Jones] For RBC Capital Markets, it isn’t a question of if Leighton Holdings Ltd. (LEI.AU) will be forced to report impairments against its contract debtors, it is “a question of when,” says analyst Heath Andrews. “Our underperform thesis on Leighton stems mostly around the circa $4 billion of contract debtors,” he says, adding he thinks that three-quarters of that money could be in dispute. “Whilst it is difficult to predict when it impairs its contract debtors, we feel the downgrade is likely to be very material,” he says. RBC has a target price of A$15.00/share on the stock, which trades up 0.8% at A$20.90