there is no one in the E&C space that knows all the players that honestly feels that CBI is a better company than FLR.
it is not even close...
What is going on with FLR is over reaction by wall street due to lower prices for oil/gas. This stock will recover. FLR is not dealing with the huge issues that CBI has as a result of their poor due diligence buying SHAW and it's nuclear issues
Why do you think this big issue on the two US nuclear sites with Westinghouse exits???? that is due to very poor due diligence by CBI and guess what ...that is core to the issues with stock price. . Just talk to any former Shaw employee that was around during this period and had knowledge of the process.
I actually listened in on that conference call...nothing new to support the huge issues which will continue to hurt this company on the nuclear new units in Ga or SC...this will continue to be a drag that most people will not understand!