I hope the entire sector gets a nice tailwind from increased resource expenditure (up 16% in the last qtr according to todays Fin review).
Personally I prefer Swick (SWK) to BLY but both should benefit. SWK has the same upside but not the huge debt.
Still debt turns into leverage in a rising tide so BLY is worth a modest punt as well.
should be a good trade, page-103
-
- There are more pages in this discussion • 59 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
