limited news flow5 Aug 2013 16:26
Gone a bit quiet as expected with this stock.....seems as if there is going to be very limited news flow to drive any serious share price re-rating in the next 6 months. I feel based on pipeline expected to be won that it should be trading up around £13 and up....
Small contracts like the estates, logistics arent going to do much. Nor are small bolt-ons
Need to wait until the likes of magnox etc which are the larger contracts (fingers crossed they win them given their performance on existing similar work). Win rate (%) when weighted by value of contract should be up around 40% i think this year. But none of this is going to come through before April (Ish) 2014...
Just hold on for a while...