That $6bn TenderBook..., page-138

Take Two :
The post above was meant to end with the observation the price has not looked quite so healthy in the last five days
..,except to buyers?

Here is a recap of where we are in comparative terms at current value (based on a previous post considering some fundamentals from several years back when NWH price jumped from $2.83 to $3.17) :
“In 2012 NRW was also in a very strong position.
In fact stronger with half yearly results published Feb 24 2012 noting a workforce of 3,719 people, half year revenue of $610.4 M, net HY profit of 45.3 M and an order book of $1.67 B
There were 20 projects on the go .
https://hotcopper.com.au/documentdo...SSt0dWApgPB2iyFQYiTt/at9Mc5+6odnGAo0+yeEjZA==“

NB : The price was $2.83 - even before these transforning results
Comparatively - we just closed at $1.83 !


And in fact we were not stronger then, we are ENORMOUSLY stronger now!

1-That was heading into a fin de seicle.
Currently we are at start of cycle.

2-That was before Management had to ‘lean down’ due to cycle, then deal with Samsung
We are harder, wiser, stronger now.

3-That was when we had 3,719 employees
Last update we are doing what we do best (everything) with only 2,000 employees

4-That was when our order book was $1.67B
Annual report has a new record of $2,2B these days.

Etc etc etc
The industry respect garnered in last six years.
That enormous step into civil infrastructure
The fact we have the highest rating for roads and bridges.
Golding!
International J/V
Empowered to take on Eastern states work at all levels .
What else?