Lessons to the board and CEO Corporate boards of the future will have to act as “activists” in their quest for information and their ability to question strategies and performances. This plan gets us above 100$ the share.
1. Turn the LSTK projects into profit making operations. Make it clear to owners that nothing else is acceptable and this is a clear board instruction. Solutions need to be found and implemented.
2. We are NOT an investment fund or an investment trust or a pension fund, nor a utility but a great engineering firm. So sell the 407 stake for 2.2B: Pay taxes, 200m debt, buyback 25.5m shares to reduce float to 150m shares and acquire US firm to pull EBIT above to 800m and on track to 1B per year.