Shares in engineering company Forge Group have been placed in a trading for the third time in as many months ahead of an update on its earnings.
The company's shares have been placed in a trading halt until January 29, pending an update to its 2013/13 financial year earnings.
Forge shareholders have been punished in recent months in the wake of profit downgrades and cost blowouts.
The company's share price fell 84 per cent in one day in December after it announced writedowns relating to its gas station contracts and forecast an annual loss of up to $90 million.
They fell another 30 per cent last week following further profit writedowns linked to an up to $28 million cost blowout relating to the West Angelas Power Station Forge is building for Rio Tinto in Western Australia's Pilbara.
Prior to the latest trading halt, Forge shares were trading at 90 cents, which is a far cry from the $6.90 they fetched 10 months ago.
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