RE:"Analysis" from Simply Wall Street today You nailed it there ol griz.
Yeah what does it take? My guess is the odor of the old SNC is still in investors mouths from the scandulous years disclosed about what 4-5 years ago now? That plus the balance of the completion of the LSTK contracts are the headwinds here regardless of all the good things happening here and the road to recovery plainly in sight now. SNC needs to do the following to start gaining share price traction:
1. Legal name change needed from SNC to something like "Atkins Global Engineering". The odor of the snc scandulous years may still be on the investing community mouths here and they may not want to touch this yet.
2. CEO replacement- new CEO brings in fresh blood and ideas. Ian looks very old and out dated not to mention too expensive on the payroll.
3. Completion of the LSTK is a must at this point. This is an overhang on the share price. Details on completion were already discussed.
4. Buyout / Takeover- I'm sure the vultures are out there. Have any made and offer behind the scenes? Is the offer acceptable? I doubt it ir news would have been disclosed.
We can talk until we are blue in the face. It's not myself or my responsibility to convince the powers to be on what needs to be done to move our share price. It's the idiots who have controlling shares who have to give a damn and do something about it. . The rest of us are just pawns here and will have to accept things as they transpire or make decisions on our investments here.
Ron