Tmx guidanceI really would prefer straight out guidance, but they clearly have indidcated that they appear to be working past August. The extra 50 million in revenue, and this line.... extensions in schedule and scope.
" and with added extensions in schedule and scope of its interim contract on the Trans Mountain expansion project, Macro expects to deliver meaningful results for fiscal 2021 with revenues forecast to approach $300-million."
Meanwhile, I have to guess 65 cents net for the year.
Net the cash, and the share price is one times pe give or take.
With all the cash, it will be interesting to see if they return some to the shareholders in the form of a meaningful buy back, or a special div.
If not, Frank likely has further work in the pipeline that he needs the cash to fund.
I have watched this stock for a very long time. This is a cheap and safe as I have seen it.