Comparative review

In Cage match: UGL vs Transfield back on 28 Sep 10 (UGL: Avoid – $15.10; Transfield: Avoid – $3.69) we said we might look again at these two contractors if their prices fell below $11 and $2.50. They have, so that’s what we’ve done. The decision on Transfield Services is relatively straightforward. While the share price has halved over the past two years, earnings have slipped 12% and free cash flow has dropped 70% if you’re being charitable. We’re also a bit concerned about management, due to some less-than-candid commentary in the company’s annual reports. Just look at the...

In Cage match: UGL vs Transfield back on 28 Sep 10 (UGL: Avoid – $15.10; Transfield: Avoid – $3.69) we said we might look again at these two contractors if their prices fell below $11 and $2.50. They have, so that’s what we’ve done.

The decision on Transfield Services is relatively straightforward. While the share price has halved over the past two years, earnings have slipped 12% and free cash flow has dropped 70% if you’re being charitable.

{{content.question}}

Mastercard

{{ twilioFailed ? 'SMS Code Failed to Send…' : 'An SMS verification code has been sent ...' }}

Hi {{ user.FirstName }}

Looks like you have already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to complete your SMS verification

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device


Verify your mobile number to proceed...

Please check your mobile number below and press the Send Verification Code button. This will be used to complete your verification in the next step.

Please sign up for full access

Mastercard

Updating information

Please wait ...

Trial

Mastercard
{{ productPrice }} / day
( GST included )
Price $0
GST $0
Discount -{{productDiscount}}
TOTAL {{productPrice}}
  • Mastercard
  • Visa

Please click on the ACTIVATE button to finalise your membership

Mastercard

The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device


Register as a new member

(using a different email)

Related Articles