It's overI have not posted in a while, but I just saw the price action for SNC in the last 3 weeks and I have to say this is one bad company with vary bad management.
Reminds me of MAXAR tech. The shareholder value is non existent and there is nothing that can stop this slide. This can go to $15 in a very short order.
The balance sheet is ruined and who knows how long before the company turns profit. This is a complicated company and I wouldn't exclude the posibility of it going private in order to salvage some value for pension funds. It's funny that management is so silent about future prospect, or at least I was not able to find anything.
If you own it, sell it , if youa re thinking of buying it wait for another 40% drop. Only miracle can turn this thing aroud.
Good luck to all.