Drake & Scull Abu Dhabi

[newride]

I am planning to buy DSI..What is a fair price? Planning to hold it till mar 2010..
Should I wait for the correction which might bring DSI to 1.05 or below? Will the drop be deeper or Just a slight tap on the back to 1.10.?

[MYREDMARKS]

Tomorrow we can expect a correction for DSI, as it reached the all time high.

[MYREDMARKS]

Dear all,
Pls ignore my previous post regarding the DSI.

news from DFM:

Press Release 07 October 2009:

Drake & Scull International awarded AED400 million MEP contract Dubai, 07 October 2009 Drake & Scull International (DSI) PJSC has successfully been awarded a AED400 million MEP contract for a neighbourhood project in Abu Dhabi. The project consists of 14-storey office building, 14 apartment buildings, 14 storeys each, 148 townhouses and 11 luxury villas as well as various commercial spaces. This is the seventh project announced by DSI in 2009 bringing the total value of these projects to an excess of AED 2 billion. DSI is a leading UAE-based end-to-end service provider of MEP, IWP and civil contracting services and is currently working on projects across the MENA region. On March 16 2009, DSI became the first specialist contracting company to list on the Dubai Financial Market (DFM).

[dxb]

Hello all,
Drake & Scull International (DSI) PJSC has successfully been awarded a AED400 million MEP contract for a neighbourhood project in Abu Dhabi. It a great news for all Drake & Scull ppl out there.
Is it the right time to buy DSI @ 1.20? Need some infomation abt AirArabia also, it right time to buy AA at 1.21?
Wud appreciate ur valuble comments on DSI & AA

[sharewadi]

[bchaar]

I am still convinced that DSI shares'value have a great potential for future growth.

However, I am wondering if it is not better to sell the shares this week at the current price (around 1.2) and buy them back once the market is stable again. In this way we can avoid the lovely (-10%)

Any suggestions/opinons?