Balanced Investment30 May 2018 13:49
Sensetalk, sorry to burst your bubble but I'd never agree with a proven liar (sorry but that's the truth). I view my investment in a balanced way in CNEL, risk / reward. The potential for me to double or treble my money here is very real against a loss if they don't secure new large projects. My risk is limited as they seem to have regular refurbishment work on existing plants that gives them a healthy balance sheet. The big projects are where the big rewards will come on the SP value and they have some good opportunities to pick up one or two major wins in the near future. Even if they don't secure these I personally feel they are making steady growth and profits to get them to a point of winning big. Yes time will tell but its looking at the balance sheets that suggests this is a good short and long term bet IMO.