GNG
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0.00% $2.31 gr engineering services limited

Trading significantly under market value?, page-17

  1. Portfolio
    402 Posts.
    lightbulb Created with Sketch. 45
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    17/01/17
    15:05
    Post #: 21949100
    Hi Captain,

    I agree with you that margins have always been very healthy for GNG. However I noticed late last year that LYL and MND started their JV call Mondium which was specifically focusing in on EPC contracts in the minerals processing sector. I thought to myself at the time that both companies might have noticed the GNG margins.

    Do you know anecdotally if Mondium has increased competitiveness in the sector?

    Portfolio
    Last edited by Portfolio: 17/01/17
    GNG Price at posting: $1.67 Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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