Murray & Roberts shares have been on a one-way hiding for five years. The FM asks CEO Henry Laas what happened.
You can forgive Murray & Roberts shareholders for wanting to throw in the towel. Two weeks ago, the group astounded the market with an abrupt profit warning, having posted relatively decent year-end numbers two months earlier.
Shareholders were warned to expect an “at least 100%” slide in profit for the six months ended December, largely due to its Traveler petrochemicals project in the US and the Waitsia onshore gas project in Australia. Unsurprisingly, its shares crashed 32% on the day, taking this year’s decline to almost 65%...
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Murray & Roberts: When going offshore goes awryMurray & Roberts shares have been on a one-way hiding for five years. The FM asks CEO Henry Laas what happened.
Read more »
Murray & Roberts: When going offshore goes awryMurray & Roberts shares have been on a one-way hiding for five years. The FM asks CEO Henry Laas what happened.
Read more »
Murray & Roberts: When going offshore goes awryMurray & Roberts shares have been on a one-way hiding for five years. The FM asks CEO Henry Laas what happened
Read more »
'Legend' Murray set for landmark 100th cap against SpringboksThe 33-year-old scrum-half gets the opportunity as Jamison Gibson-Park, the man who has replaced him as first choice, has yet to play this term due to a hamstring problem.
Read more »
Murray set for Ireland milestone against BoksConor Murray will become the eighth Ireland player to reach 100 Test caps when he starts against world champions South Africa in Dublin on Saturday.
Read more »
TOUGH TEST: Ireland name squad for Boks clash, with ‘legend’ Conor Murray set to notch up 100 capsThe Springboks face a tricky challenge at Aviva Stadium on Saturday when they face Ireland, the current world No 1 side.
Read more »