SXE 3.79% $1.51 southern cross electrical engineering ltd

Mike any thoughts on today - i thought it looked ok and am...

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    Mike
    any thoughts on today - i thought it looked ok and am tempted to buy, but not many others thinking same thing yet
    writedowns were a given, cash sounds good and actually increased 5 to 6m, debt still minimal; turning profitable again soon on earnings - but hint of trouble with a contract or two in negotiations may scare the horses!
 
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