Tipped by Paul Scott (again). I took a position after looking at the numbers. Long Term hold for me though.
It's only weakness appears to be a reliance on Saudi Arabia for revenue.
that is precisely when a sharebuyback should be used. When they can't get a better return. Nothing wrong with that.
Too many companies do sbb for the wrong reasons , usually so the CEO can meet his eps targets.
Slipping below 700 again, that was a very high valuation. I guess the 630s might be a logical place for this to end up which was the price of the last Director Sells