RE:RE:RE:RE:RE:nice growth...in Kendricks pocket via Lafarge
suffice to say the 1/4 was disappointing - whether you think there are secret plays here is another story altogether
IMO - after missing expected sales flow / project execution dates (for whatever reason) it goes a LONG way for management to be kick the dialogue up an extra notch the following quarter (more news releases, visibility in print / TV, investment programs etc). It rebuilds momentum & trust - shows investors that management is not only aware of their business but are in control of it.
I did not get any optimistic tone with the Q3 highlight release. You can't control weather - but can you can control the tone of news releases. If management "had expected that certain additional infrastructure projects would be contracted during 2016" and "Unfortunately, this expectation was not realized." ---does that means the projects are still alive? Dead? Deferred? What is the general state of RFQs in the pipeline? Is there still the product buzz we were hearing early 2016? All I got after reading the highlight was a surprised and disappointed whoops.
Bottom line - I'm still holding position as I've faith in the product and the market need for same - but management needs to do a little better here.