RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Risk / rewardInteresting take. And I do appreciate it. Do you base your criteria on strictly on margin or do you take revenue into account? I only ask because I am buying this company based on speculation that future revenues will be exceptional up to a year out. And I only give them 20% Margin overall.
I only question this because if they were getting 50% Margin at any time in their history, the stock price wouldnthe near as low as it is now. For me this is the opportunity.
I do agree with you, on your labour thesis. It's a tricky one. Especially since one must consider permitting and beurocratic red tape vs labour/equipment/depreciation... anybody remember Enterprise (E.V) lol! BUT again therein lies the reward. IF, they can scale properly, (And I am betting they can) a consistent 20% Margin against potential back log is going to be reflected very well.
I agree with with your concerns. But if those concerns were addressed we would be loooking at a much higher stock price already. Risk is high. Reward is higher.