Stuart Olson Inc CUUHF

$1.75 SP down $0.94??

[wheeloffortune]

I don't get it.  Insiders own only 2% of the company, yet the CEO's compensation is $1,449,446?  How is it this sh-thead of a CEO continues to reign for over 6.5 years?  Institutions owns 36%.  The General Public (the mes and yous) owns 63% (a majority).  What the hell!?

[gainwidpatience]

I would look to buy around $1.40 range!

[wheeloffortune]

I doubt it.  I think this corrupt CEO and Board cut the divy to intentionally lower the price for very a shifty takeover.   I'll be holding out to get some more of my money back.

[KnottyOyster]

Ha well there you go! Talk about panic selling. They still have a solid backlog of work, and cutting the dividend was actually the prudent thing to do in my opinion.. I hate to see companies pay out a dividend for way longer than they should just because they always have. Rip that bandaid off, and turn the ship around.

[FalconFlight]

The backlog they now have means nothing if you read between the lines in the reports they issue. Stuart Olson is known as a construction manager and the current backlog other than a small component is pure hard bid at 2%-5% Gross Margin. The Risk profile on this stock is massive. Now they will be chasing revenue and the gross margin will deteriating further as their people dont know hard bids

[trevorjplows]

This post has been removed in accordance with Community Policy

[KnottyOyster]

I expect we'll see a privitization/takeover bid soon, all part of the game.