RE:RE:RE:RE:Jacob Bout Most analysts know about as much as we do. Not much more imo. If they were so good at their jobs then why are they still working? They would have retired early and enjoyed life instead of working like a slave like many employees have to today? Who wants to deal with daily, weekly, monthly deadlines and other strict protocols and headaches? Not too many imo. Life is too short. Most people would rather retire than work if they had that option.
The percentage of workers who love their jobs and going to work everyday is very low verses those who hate their jobs. Those working on commissions or other incentive plans like most analysts do is very evident. Greed has overtaken honest and trustworthy and professional public analytical disclosures. Shame on many of them. Pretty sad and pathetic. How many times have I seen analysts make forecasts or share price targets that were so out of touch with reality?? Endless! I am not talking about those analysts that were too "bearish" on SNC but slso those who were too "bullish" on SNC as well?. That's right folks I look at both sides of the spectrum these days.
2023 may be a year of stock market fluctuations and heightened talks of recessions. Many think we are already in a recession?
Doesn't change the fact that value stocks will "always" rise sooner or later. If you have thick skin and can tune out the BS in the markets, BS posters, BS politicians, BS MM's, BS shorters, etc etc you have more than an average chance of success. If you fall prey to the BS out there you may get taken to the cleaners.
Understand where we are with SNC now and at what stage of its transformation on this road to recovery verses it's future "global" in demand services! The future requires an endless need of its expertise based on the global deteriorating infrastructure very evident today. Plus a greener future where they are clear leaders. They are well positioned for their share of project wins.
We await the balance of the LSTK contracts to be completed. I am starting to see the light at the end of this very long 3.5 year tunnel. Do your own research and analysis and focus on yourself more than others opinions. It is the only thing that will help you sleep at night. I sleep very well. Good luck
Ron