Well said ljcamp. The debt gearing is still conservative especially when it's considered that the increased debt is being put into 'hard' assets. If you look at what they were acquiring when SKE was a $6 stock it was overpriced goodwill acquisitions of labour hire business at the top of the mining boom. Chalk & cheese to now.
TeTeTe - what sector do you class this stock in? If you're talking mining services then it's better positioned than many of players delivering bad news like Ausdrill. They are based in the production part of the cycle, not exploration or construction.
SKE Price at posting:
$2.35 Sentiment: Buy Disclosure: Held