RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Lots of talk today. Good to see……Wow SNC60dollars
thanks for that boots on the ground real time facts. Glad you were able to retire. At least some good came of this back then. Yes I followed snc back in that period as well and did hold shares myself back then but only a small number 3,000 or something and I only made a very small profit. Yes I remember the performance of the price back then and it was one of the darlings of the tsx if I remember well. I believe it split 3:1 at the time I held it. I sold my shares shortly thereafter that split. I rebought my shares about 3.5 years ago right after the scandals surfaced and the stock dropped big time. I thought the crash in price was overdone and scandals would be gone in due time and the company would return to its glory days based on its history.
Good to know and yes I agree there is value here right now too. Just hope the mgmt team does what's right for shareholders here as well that's all. Many of us have been holding for a very long time and have kept our shares believing the shares are an absolute steal at these prices and are an easy double just on a sum of the parts valuation basis. There are several "astute buyers" out there who already knows this. Once we finish with the LSTK contracts the market should start to price SNC at several multiples higher. I just don't think SNC will be around for us to enjoy the true value of snc shares at that time to see prices of $50,$60,$70 per share. I am 100 percent convinced SNC will be bought out sometime in 2023 if not this year. I hope I am wrong but something tells me I am not. The signs are there.
Ron