No talkers, I still hold and hope. This board is dead. Looks like down but not sure why. They have sold the no profit stuff, and reduced debt. We need news/ the next quarterly report. The rest of the market gets better and 0 here so people sell to get what they think is better. I plan to set a sell figure and just do it if it gets there. I hate to dump a stock and loose big but when I have sold the dogs in the past it has always worked for the better. Best to you.
They are a lot better positioned today than they were several years ago. The current industry-wide engineering boost is in an uptick at the moment so hopefully ENG will gain some ground before it fizzles out. I plan to focus my attention on its ability to manage its overhead costs. If they start showing a reduction, we should hopefully see some progress IMO. as for this gov't contract, it appears to be nothing more than a marketing campaign. I am sure they received the award, but I doubt this is growth vs. maintaining the backlog.
They sold all they could, or in other words what was sellable. So what's left is the no profit stuff, plus now all of the corporate overhead with less revenue and margin, and a lower credit facility. The debt will be back 1qtr.