"Recognition of a material provision in respect of the anticipated loss to complete the OSAR Western Roads infrastructure project in Australia. The completion of contract anticipated loss is due to the interpretation of the technical specifications within the contract bid design resulting in the underestimation of the physical construction works required under the design and construct contract. The Group is investigating all possible recoveries." - Sources JSE SENS
I still believe that this is a quality company. I will however wait until 26 February 2019, when results are expected to be released, before I buy any more. I expect a lot of "buy on rumors...sell on facts" until then, so be very careful buying or shorting WBHO until then.
On a technical basis, the long-term weekly chart does not look too positive for now, with main resistance only coming at around R95. Over the short-term I remain neutral on the company, still remaining positive over the long-term.