Stuart Olson Inc CUUHF

Execution of Strategy

[Construction555]

The issue with Stuart Olson is execution. There strategy appears sound but they have been unable to execute on it all the way back to the Seacliff acquisition. Some might say this is just bad luck, the economy etc. It seems their direct competitors are working in a different economy and have better luck. At one time, not so many years ago, Stuart Olson had a bigger market cap than AECON. Unfortunately the organization seems to keep people who are unable to execute while talking a good game and terminate those who can execute. Hopefully the new CFO can change this around, though looking at Daseke's press release: https://investor.daseke.com/press-releases/press-releases-details/2019/Daseke-Announces-CEO-Transition-and-New-Executive-Chairman/default.aspx and Daseke's many internal control weaknesses I am not so sure. Always easy to talk the talk, bring up backlog, EBITDA but earnings per share and cash in the bank drive the stock price. Time will tell whether they can turn it around.

[Construction555]

Sorry wrong link. This one discusses management restructuring: https://investor.daseke.com/press-releases/press-releases-details/2019/Daseke-Increases-and-Accelerates-OperationalCost-Improvement-Plan-Restructures-Management-Team/default.aspx

[FalconFlight]

Like always, LeMay knows best and the board allow these decisions. The board should step up and put a resolution in place like in the USA where the president cannot make a decision without Board and Shareholder approval.........You need a Construction CFO who understand construction if you want this company to turn arround. After reading the link you provided it surely raises concerns for me. I