Atkinsrealis Group Inc T.ATRL

Alternate Symbol(s): SNCAF

Industrials Conglomerates

Atkinsrealis Group Inc., formerly SNC-Lavalin Group Inc., is a professional services, and project management company. It delivers end-to-end services across the whole life cycle of an asset including consulting, and advisory and environmental services. Its segments include Engineering Services; Nuclear; O&M; Linxon; LSTK Projects, and Capital. The Engineering Services segment includes consultancy, engineering, design and project management services. The Nuclear segment supports clients across the entire nuclear lifecycle with the full spectrum of services from consultancy, EPCM services, field services, technology services, spare parts, reactor support and decommissioning and waste management. The O&M segment consists of providing operations, maintenance, and asset management solutions. The Linxon segment offers engineering, procurement, management, and construction services. The LSTK Projects is comprised of the remaining LSTK construction contracts of the Company.

TSX:ATRL - Post by User

Atkinsrealis Group Inc

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Post by Singidunumon May 29, 2019 4:24pm

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Post# 29782908

SNC does not have a plan

The news today was expected and it was priced in. Everyone knew what the outcome will be. What is clear now is that management does not have a plan how to get the company out of this mess. I think market was expecting some kind of announcement today that will reasure shareholders, but that did not happen. Management is lost in all of this. They even managed to mess up the 407 sale and are on the hook 80M for breaking the deal.
There is no way anyone will buy SNC while on trial.
The only solution is going private with help of the Quebec pension fund and fixing the company.
As long as the market sees that company does not have a clear direction, the shorters will keep moving the shares lower. Still not a buy in my opinion.

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