CIMIC Versus Downer - Neither Is Cheap but Downer Currently Represents Better Value
We think the market remains overly optimistic on the translation of strong growth in public infrastructure spending to earnings and cash flows,...
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Broadspectrum: Mattress Mischief Managed
Friday after the close of trading and before the long holiday weekend, Ferrovial Services Australia - the bidding party in Ferrovial's Offer...
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Broadspectrum: One Bump & It's Final
It has been a long and tiring battle behind the mattresses for both sides. Ferrovial initially bid $A$1.35/share in a hostile approach last...
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Ferrovial Peeks Head Out From Behind Mattress Yet Again
Last night, the Sydney Morning Herald carried an article titled Ferrovial Digs In For the Long Haul After Broadspectrum Rejection of [A]$715mm...
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Ferrovial Peaks Head Out from Behind Mattress. Shoots. Ducks Again.
They went to the mattresses in early December. They're still at it. Ferrovial has just extended its offer close by two weeks (from Feb 8 to Feb...
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