RE:RE:Price action=operational loss resource downturn and Brexit.This is a good publication from Asian Development Bank. It is 2 years old though, but still a good read.
Of course, this has nothing to do with SNC. China has been growing for the past 30 years and have its own companies that can do all this wrok. Why would they invest in a company that keeps losing money and is knee deep in bribery lawsuit.
The SNC is in deep trouble, mostly due to their own making. What they need is a quick plan by the management to overcome the current crisis and not so good balance sheet. As I recall, they created some kind of team that will address these issues. So will see. For now, SNC is not a good investment. OF course, this can turn around in short order. The stock is very udnervalued and oversold.
Gabriel wrote: With the increasing sale of its T-bills, China can fund Infrastructure Projects big time all over Asia. A Chinese E&C firm can easily acquire a 20-40% stake in SNC-L, put in two board members and team... https://www.adb.org/publications/asia-infrastructure-needs "Asia will need to invest $1.7 trillion per year in infrastructure until 2030 to maintain its growth momentum, tackle poverty, and respond to climate change. The report examines how much the region has been investing in infrastructure and what will likely be needed through 2030. It also analyzes the challenges shaping future infrastructure investment and development."