Other Industrials
Diversified engineering & construction conglomerate, Downer EDI, is expertly managing the move to infrastructure from resources but brokers believe this is largely reflected in the share price.
Feb 03 2017
Education provider Navitas has cleared the headwinds brought about by the loss of its Macquarie University contract and brokers respond with several upgrades.
Feb 02 2017
The trend remains very much up for shares in NRW Holdings (NWH), reports Michael Gable of Fairmont Equities.
Dec 20 2016
Is Downer’s Valuation Becoming Stretched?
Infrastructure, engineering and mining contractor, Downer EDI, has won a major contract for Sydney trains. Brokers mull over the growth potential ahead.
Dec 06 2016
Previous Stories
Orica Sparks Upgrade Scramble
Nov 12 2013
Orica defied its own guidance on FY13, delivering a result above expectations and instigating several broker upgrades.
Ausdrill Cheap, But Risks Remain
Nov 11 2013
Ausdrill has been forced to sharply downgrade earnings forecasts as miners curtail activity, although the company’s balance sheet remains robust.
Prospects Brighter For Chandler Macleod
Nov 11 2013
Employment conditions are tough at present but Moelis examines one company seeing some light at the end of the tunnel in 2014.
SAI Global’s Outlook Still Clouded
Oct 30 2013
SAI Global has confounded brokers with an upgrade to revenue guidance amid forecasts for flat profits.
No End In Sight For Engineer & Contractor Pain
Oct 22 2013
The engineering and contractor sector will endure difficult times for months to come. Perhaps even years.
UGL Battles To Convince Brokers On DTZ Plans
Oct 21 2013
UGL has updated investors on plans for the DTZ de-merger but brokers find it hard to get excited.
WorleyParsons Rattles Brokers
Oct 10 2013
At its AGM WorleyParsons surprised some brokers, guiding to growth in FY14 while announcing the first half earnings would be weaker than expected.
Austin Engineering Expands South American Footprint
Oct 08 2013
Moelis takes a look at Austin Engineering, which recently made an acquisition in Chile.
Relief But No Comfort For Boart Longyear
Sep 24 2013
Boart Longyear has secured a debt deal which will stave off a breach of covenants but the cost is high.
Boart Longyear Not Out Of The Woods
Sep 16 2013
Brokers believe restructuring of the Boart’s debt is only a short-term panacea.
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