RE:Normal Course Issuer Bids TSX Rule Yes I am looking forward to the mid May conference
I am eagerly anticipating a very "inspiring" and "strategic" discussion from Ian and the board on a game plan that I believe will bring an IMMEDIATE increase to the share price and restore investor confidence both at the retail and the institutional levels. We long term investors deserve this for having stuck here as long as we have through thick and thin. I believe we are at a tipping point in SNC. Without getting into it all the details again, they have been discussed repeatedly time and time again here.
We need to get through the next $30 resistance price which is also acting like a psychological barrier. It is an important milestone threshold that will see a broader awareness among the investor community take another look towards SNC and give the company another once over IMO. Those investors who do not want to be paying over $100 per share for engineering firms like WSP, Jacobs, Tetratech, etc may give SNC a try considering how undervalued it is particularly once word spreads around that its past scandals are ancient history and that the company is actually now profitable. We move up a little quicker once we pass $30. The current price of $27 seems to be acting and forming the new base/support levels. That is very positive.
As a wise investor always says:
You have suffered through the "PAIN" now stick around for the "GAIN"!
Look forward to the next SNC shareholder meeting. This one will be a game changer IMO.
Have a nice Happy Easter long weekend everyone!
Ron