Post by
Thethruthhurts on Mar 13, 2015 9:10pm
Be nice if it were true
Like so many legends and myths -- it would be nice to think that Armtec could strategically price jobs and be the company that they tell everyone they are. The glossy brochures and snappy slogans are just smoke mirrors. Armtec is a paper tiger and always has been. Its low tech to no tech on the food chain of Canadian companies that supply infrastructure products. It can't be stated in clearer terms that the people that came in during the growth years of 2007 and 2009 truly had no idea what they were doing. Kevin Young was a disaster in every way. Mark Anderson has continued the tradition of inept leadership at Armtec. Stop clutching at the straws. As I've said before the emperor has no clothes....and never did!!
Comment by
llennn on Mar 14, 2015 12:50pm
I bet a few got hung up on .06 and then .04 to nil may end up being a total loss, cash is king it's so easy to get smaked in this market and a lot of junk, money is very tight so if a company cannot generate cash it no longer can financial engineer its way out, I ve started my own reit and its a lot better return than equities, and really helps on the bottom line return year over year
Comment by
MarlboroMan on Mar 14, 2015 5:45pm
Good point Rusty - That jet thing is ridiculous. If true, someone needs to go. Wool, 2Grey and Truth - You guys are spot on. I enjoy your insights. Truth - your comment on Mr. Young was a blast - no truer words spoken. Sadly they still have some of that mindset around.