RE:RE:RE:RE:RE:RE:RE:RE:SNC 2021 valuation
With all due respect guys, I don't think management forgot the shareholders.
The shares were at $34 pre-Covid. If it wasen't for the massive loses in last 3 Q's, this share would be trading at $50.
It's not the scandals, Covide and all the rest. Bottom line, this company needs to start making money! Forget selling assets; forget buying back shares or changing the name. Make a damn profit Q after Q like WSP, you will see this stock going to the moon!
Many analysts still believe that SNC is not out of the woods yet. That the 2B left in Lstk Infra is like russian roulette; you never know until the end...
PS Does anyone of you have an educated guess on why RBC (they are sitting on mountains of cash) decided sell 1.8M shares in November at such low prices?
Regards.