RE:RE:RE:RE:SPNorwood, it's very apparent to those on this message board that you've been out of touch with what's happening with this company. When was the last time you spoke to management? If you did, you'd be singing a different tune.What's your opinion of Carlo the CEO? He's the real deal. The last management team was not up to par to say the least. Oh how things have changed.......and for the better.
Yes, being a construction company will not garner high margins therefore also not a high multiple of return. However, the situation in the FTTP construction sector has gone from low to medium demand to off the charts demand. HIstory has shown us that not just any construction company has been able to produce appropriate quality of work. Have you noticed that CityFibre has slashed their appproved suppliers from approximately 30 to around 10? Lite Access has already been selected as one of the ten. The situation of demand is so dire that cost of work is not the most important part of the equation in winning awards. Have you also noticed that Lite is one of the only suppliers who specialize in only FTTP?
The last quarter's low margin was due to them being in "ramp" mode and some setbacks due to Covid.
I'm going to stop right here and not waste anymore of my time.
Please leave this board or due some due diligence and then back it up with evidence as no one takes you serious. Sorry Bud but that's the hard truth