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Stuart Olson Inc CUUHF

"Stuart Olson Inc is a Canada-based company. It operates in business segments that are Industrial Group, which offers services to clients in a wide range of industrial sectors including oil and gas, petrochemical, refining, water and waste water, mining, pulp and paper and power generation; Buildings Group, which includes construction, expansion and renovation of buildings for private and public sector clients in the commercial, light industrial and institutional sectors; Commercial System Group


OTCPK:CUUHF - Post by User

Comment by flavin87on Jul 30, 2020 10:24am
352 Views
Post# 31343196

RE:RE:RE:RE:RE:David LeMay

RE:RE:RE:RE:RE:David LeMayOnce SOX defaults on their contractual obligations (bankruptcy being one condition) the owner will call the bonds (if supplied), void the SOX contract and seel another contractor to finish the job. Any extra costs to complete the work will come from the bond or a clam against SOX. Bird has no say in the decision unless the owner wants to deal drectly with Bird.

Where are all the analysts that pushed this stock over the past three years when most industry insiders knew it was a train wreck. The management detsroyed the soul of each company and drove the motivation down to zero.

Watch for Bird to sell Canem (~$40m) to get their cash back. Suitors have been knocking on the door wanting to buy Canem for years.

Aso, look back at the Seacliff purchase of Dominion and the mass exodus of people than ensued. Blending cultures in difficult. 
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