All the signs are there.MD+A states new work will be announced in March 2018
-references de-risking company(must be of decent size)
-insinuating it’s with a new customer
We find a job posting now in Oxfordshire which would insinuate work will commence here soon.
Trying to understand all of this we come to the conclusion that LTE will be working for 3 telcos simultaneously and we will be having news here very soon. With a new CEO in place to tell the story it’s my opinion that the worst is behind. The only thing we need now is for management to instil confidence into the shareholder base.
Management needs to be very clear on all the W’s. What, when, where, who, why.
We need to know how big in dollar terms. How long will it take? What are expected margin(if they can say?), is there future work beyond this contract for this client? When do they begin? How many crews? Etc, etc etc
If Carlos can convince the market we will have set the bottom here and start moving higher. It’s all about investor confidence. This company under Mike Plotnikoff completely disregarded the shareholder base and it’s now time to repair this. Communication and contract wins is the starting place.