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Atkinsrealis Group Inc T.ATRL

Alternate Symbol(s):  SNCAF

Atkinsrealis Group Inc., formerly SNC-Lavalin Group Inc., is a professional services, and project management company. It delivers end-to-end services across the whole life cycle of an asset including consulting, and advisory and environmental services. Its segments include Engineering Services; Nuclear; O&M; Linxon; LSTK Projects, and Capital. The Engineering Services segment includes consultancy, engineering, design and project management services. The Nuclear segment supports clients across the entire nuclear lifecycle with the full spectrum of services from consultancy, EPCM services, field services, technology services, spare parts, reactor support and decommissioning and waste management. The O&M segment consists of providing operations, maintenance, and asset management solutions. The Linxon segment offers engineering, procurement, management, and construction services. The LSTK Projects is comprised of the remaining LSTK construction contracts of the Company.


TSX:ATRL - Post by User

Comment by ol_grizon Jul 09, 2023 2:07pm
116 Views
Post# 35532766

RE:RE:RE:SNC turnaround is clearly evident now..

RE:RE:RE:SNC turnaround is clearly evident now..I agree, though I'm not sure I'd have the courage to buy @ $40, even though I expect it to go back to previous highs, given the changes in the business.  I just am always suspicious of market sentiment towards this company.  It is hated by many.

My big mistake was doubling down after Lametti was appointed Justice Minister to replace JW-R.  I thought he would quash objections and get the DPA decision reversed.  However, the thing blew up so badly the PMO/Minister didn't dare.  Had I waited, I'd have easily ended up with an SP like yours, LOL!  Ah well.  I made $2 and $3 dollars/share plus my various option sales so I'm not complaining!

My recommendation to longs is to sell some options at the highest out of the money listing about 90 - 100 days out if you can get a buck for them.  SNC has been very generous on the premium offered.  I had two of them exercised but I believe four in my different accounts expired.  Unless the price takes off during that period you'll likely be able to simply buy them back if they hit the strike price.  The June 19th calls were short by about 50 cents at their best point during the day and were only threatened for a couple of days in May.  It's a calculated risk, but it worked for me.  GLTA.
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