I'm afraid this company is run by one individual who has shown an ability to retrench but with no apparent vision or ability to build the business. I'm afraid this one is made for the case studies on unsuccessful management at the Harvard School of Business. A buy out would be great but would have to be approved by an individual who controls the company and the Board with a large number of shares.
They (eng) claim that they are a quality company in the company of such firms as jec and Kbr
Eng is just like JEC, right!
Agree with all your points except leadership. Management did cut costs and in a timely fashion. That's the easy part. What is their vision and strategy to get there. They appear to set survival and job longevity as their vision. Not very impressive and it shows in the stock price. Your view?
Looked at website there are 5 job openings? For a company of 350 employees (was over 400 last year). So not sure the point of hiring is just normal filling of vacancies. Sounded good though.
Like your optimism and it would seem that the stars are lining up. Having said that, any news from the company would reverse the downward trend. No one covers this stock making any stability problematic. So just a little effort from management would be very helpful and require nominal effort. And yet.......
Glad you have arrived.
8K had some data on backlog build. Problem remains as usual there is no detail on current contracts or new business which ceo characterized as extremely strong on the previous eps release.
Options. Why buy when you can get them free? But obviously management does not know how to build shareholder value when it would build their wealth?
They obviously don't care about shareholders.