RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Potential takeover target Alex
5-7 years for the new SNC? Too long my friend.
SNC is only 9 mths away from getting any serious attention.
This is a LSTK overhang issue as I stated several times.
That and a manipulated stock for a bigger and smarter operator with the proper internal controls that scrutinizes every bid propodal through roughly 5 sets of eyes (estimator, SR estimator, Risk Manager, Chief Edtimator, Operations Mgr, Admin Mgr, District Mgr, Director, etc). They aren't dummies when it comes to bidding on contracts. They bid on the business they know and understand (engineering and consulting) and stay away from industries they know nothing about (construction). Pretty much what they tell you in first year of university "stick to the business you know"
SNC tried to do it all themselves and it backfired, idiots. Maybe now they learned their lesson. If not then close shop and sell to someone who knows what the hell they are doing in this soace. Just don't f&$k up the sale price for existing shareholders. With this CEO and BOD's it's so easy to screw up.
Ron