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.
What seems mysterious to shareholders is the lack of any visibility on current and/or future contracts. Words like extremely strong interest can only be found explain in the backlog in business. Even when good news would help the company and shareholders it's not revealed. I had expected the stock to take a major hit downward, it goes up, lol. So what do I know. Not sure why I hang out here but a company making money and selling at such outrageous prices just keeps me hoping.