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Is it time to buy mining services?

2015-06-12 03:52:29| Oil & Gas - Topix.net

Mining services: It would be hard to find a more unloved sector of the market, but several resources contractors are trading at mouth-watering valuations Analysing Australia's mining services companies suggests there could be a fortune in hidden value waiting for those brave enough to take the gamble. Bradken, which mainly supplies mining equipment, has already received one takeover bid in April for $2.50 per share from Pacific Equity Partners and Koch Industries, while Kohlberg Kravis Roberts is rumoured to again be circling the company.

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