Originally Posted by
jg8512
fascinating how seriously badly the building and construction sector is performing. Mainzeal, Hawkins, Orange H, Fletchers .... (and suppliers of building product (STU, MPG)
now Ebert goes under owing tens of millions
so many failures, so much negativity. "deep problems creating a perfect storm" was one quote I saw this morning, "razor thin margins" another. Might these collapses be the catalyst for more realistic (and risk-averse) pricing? And there is a lot of work out there (and in east Coast Australia). Could the last players standing be about to start enjoying a coming period with stronger tailwinds (even if they have a poor track record of managing and looking after capital)?
just wondering