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and the other ppl saying $5 and $6 on this thread b4 too!

hahahahhahaha

well speculation on HOTCHIEF the major shareholder make just

swallow up the whole of LEI , because they bought heaps

when it dropped under $8

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Another request

 

 

What's happening to Leighton. Does anyone know?

 

It has been in free fall since Feb 4; reaching a low of $11.20 today.

 

It is currently, $11.26, a fall of 4.1% since yesterday.

 

I am dumfounded as there has been good news today with many projects on hand based on an interview with the deputy ceo and also cfo of Leighton.

 

 

 

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In reply to: bing on Thursday 10/02/05 04:14pm

I read your post this morning Bing, and on reading the announcement, feel the price fall has been overdone.

Profit in line with previous announcements, and more stricter vetting and sharing of large jobs is good.

Loads of work in the pipe line and more to come.

So I bought some. http://www.ShareScene.com/html/emoticons/graduated.gif

Then a mate in the big end construction trade rang and said he'd heard of huge losses in Spencer Street Station job. http://www.ShareScene.com/html/emoticons/sad.gif

But, I feel any company that can offset a huge loss with larger profits is a good conglomerate to own. http://www.ShareScene.com/html/emoticons/king.gif

If they fall further I'll buy more. Upcoming dividend of around 18 cents should limit short term drop anyway.

 

Lazzards put out a notice informing they have sold their substantial holding, so may be they were holding/bringing LEI down. They may just be taking profit rather than any misgivings about the company.

 

Anyway thats my theory and decision. Got to have diversity.

 

Ciao, Bello.

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