WOR 1.29% $14.17 worley limited

Ok DSD your analysis is premised on the fact that WOR has not...

  1. 249 Posts.
    Ok DSD your analysis is premised on the fact that WOR has not announced new contracts to the market. I have a question for you to answer.

    As per the 2016 FY Annual Report (Presentation Page 8). WOR detailed the following:

    Column 1 Column 2 Column 3
    0 Significant Awards - represent contract awards that meet or exceed the
    1 individual sector anticpated EBIT earnings threshold    
    2      
    3 Sector FY 2016 FY 2015
    4 Minerals, Metals and Chemicals 16 21
    5 Hydrocarbon 41 61
    6 Infrastructure 28 23
    7   85 105

    Therefore, I took it upon myself to review the ASX Company Announcements for the two FYs above. You maybe surprised to know that only 17 contracts (2015) and 7 (2016) announced to the market.

    So the question is how do you reconcile the difference and could the same be happening for FY 2017?
 
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