RE:RE:New deals represent one quarter of market capI agree. I think the market is waiting to see some of these projects built, and the recurring revenue appear on the income statement. Once that happens, I expect a re-rating to happen. It will be fun to see where this winds up a year or two from now, since I expect new business to continue accelerating as the current backlog is brought online.
alleyesonme wrote: It's amazing uge is so undervalued. It's a puzzler. What's it going to take?? Maybee it won't be until these projects start showing up on the financials. From an operational standpoint they're doing everything right. History has shown they don't share every contract win so plenty to look forward to.