RE:Get real people!!! Rookie, I have reported you.
I also challenge you to discuss those points since you are questioning the value of the shares and the ethics of the company. If you don't address and explain your arguments then you are useless to this board.
i value people by their kindness and usefulness. I don't know how kind you are but on the usefulness scale you rate a big fail so far.
On ethics :
if you check previous posts like those by Payman, you will understand to what extent SNC has changed its way of addressing ethics. In addition, every engineer practicing today in Quebec and most likely anywhere has to take an ethics course and pass an exam. Sure you would know, you claim to be an Engineer. SNC is also subject to very tight oversight on ethics as part of the settlement with Justice Canada.
On Value :
Very simple.
i challenge you buddy. Show me much of an engineer you are and rebuff them:
1. Capital is worth 2.2B based on the the 407 share that was sold and concluded in August 2019. Other concessions are worth 400-600m so you have over 15$ per share here. Add the higher net discount value because of a lower discount rate and your 15$ is assured. Sure there are taxes to pay.
2. Atkins was paid 3.6B in 2017 or 21$ per share. It has grown since and we are heading into a major infrastructure programs. Worth 25$ at a minimum.
3. Nuclear Candu (ex-SNC) brings about half the EBITDA of nuclear or about 80m with a value of 1.2B or 6$ per share.
4. Other engineering divisions of SNC. Actually 2 and 3 and 4 make 600-750M EBITDA and at 10-12 x EBITDA make up 6 to 9B or 34-50$ per share.