projects and one wonders how Basil Read (and the other construction companies who all have similar problems) got into these loss-making projects. Further it makes one wonder about the quality of the order book: this much touted-figure has really lost its shine in the last couple of years and I, for one, want more details on the order book. Give me the number of projects, duration, expected margins and potential risks. The loss-making projects were once part of an order book everybody got excited about, but are now hurting the business.
Basil Read Holdings six-month holding period. But watch your costs when you buy: if they’re too large, your profit will be eaten up.
Cipla Medpro SA