Happy Monday to all out there and - in regards the gazillion billion dollar pipeline that is also out there - thanks again to @noonster for your post yesterday [here] on most recent UBS perspectives.
One bit in that update that I liked best was;
5) Drill and Blast surprised to the upside (2H20 EBIT +117% vs prior UBSe), noting significant growth opportunities medium-term under revitalised leadership.
The liking was in the light of @pbawley ‘s comment on 20/08/20 [here], after he listened in on NRW’s annual presentation, and posted NRW Management was “really happy D&B was 'finally' making expected margins and had a real go-getter manager with ambitious goals.”
UBS clearly picked up on that presentation comment too?
...And great people make a great company, and the ‘revitalised leadership’ does indeed seem to be doing a great job?
NB https://www.seek.com.au/job/5046530...estToken=5eff5207-16e1-4660-b3d7-7745e18f5072
Expressions of Interest - New NT Project - Experienced Drill Fitters• Australia's largest Drill and Blast Contractor• Excellent Rosters and Rates• Great Maintenance Team• Potential large new contract award.
Action Drill & Blast is a leading provider of integrated drilling and blasting services in Australia.We have a positive team culture based on our core values of Safety Integrity Teamwork and Innovation and we provide our employees with a safe and friendly work environment.Our large Atlas Copco and Reichdrill fleet is modern and maintained to the highest standard. We are in the final stages of Tender for a new project based in the NT and are seeking expressions of interest from experienced Drill Fitters for a 2 and 1 roster position at this new project which will be FIFO from Darwin.
Cheers
PS Regards that UBS update “Stand-out result” and ‘robust outlook’ was also nice.
“Remains a key pick” made me smile too ...
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