So what else is new-- management making a killing at the expense of the share holders.Management is mining the LOSERS but who cares? FCX is wildly over valued -- huge risks without commensurate reward
GVA is a worthless piece of hyped garbage at $34 a share. GVA has a backlog of over $2.5 B --all of which is profitless work at best and more probably a big time loss.Anything over $5 is a sad and sorry sick joke for this mismanaged company
Housing bubble has come and nearly gone--now it is time for the hyped stocks like GVA to bubble out
Investors in this pile of hyped #$%$ are fools fools.let the turgid mismanaged hedge funds go down with the ship--get out asap, at eight dollars a share this is pure crazyness.!!!!
GVA continues to irresponsibly bid way too low --this time for the Florida road job. This follows the grossly incompetent lo bid for the Hudson River bridge job in New York. GVA and it's hedge fund controlling share holders will soon learn that it's so called profitable work back log is just so much irresponsible nonsense and investor hype. HUGE LOSES ARE INEVITABLE.!!!!
Oh ye of little faith.!!! Believe in this great company-- faith is everything.!!!
behold sayeth the lord ==ye of little faith will incur the wrath of the devil.
repent, repent, before it is too late-- sell the farm, pawn your wife and kids-- buy now in the name of the lord.
We see no one with any construction expertise posting on this board. This situation is fine with the incompetent GVA managers and the greasy ignorant hedge funds that control GVA.
They don't want any intelligent review of this grossly over priced stock [ $33 a share ] Gva is a $7 a share company pretending to be a $33 company .GVA has a $2,.5 billion dollar backlog that is devoid of profits.Inevitably, this company is in for a major price drop
FLR has a horrible track record for making profits on major bridge construction contracts.First there was the incompetent San Francisco Bay Bridge bid which left $500 million on the table with only two bidders.Now, we have the Tappen Zee bridge contract for the State of New York which resulted in leaving a Billion dollars on the table with only three bidders.
FLR is incompetently managed, bidding far below it's competitors just to obtain work--big time loses are inevitable along with a corresponding drop in share price. FLR is a $7 company pretending to be a $70 company.We say get out now and let the controlling greasy HEDGE FUNDS TAKE THE HIT
Hedge funds hope upon hope that something will turn up to save this grossly over priced piece of garbage from falling off the cliff.Only more suckers can do that.
Suckers have yet to learn that there is no free lunch and nuthins gonna come in the mail.
Bechtel is by far the more competent company both as to size, professionalism, and profitability. It always has been even when FLR was a private company like Bechtel.
FLR's bidding on hard money bridge jobs is so bad as to be unreal.How do the incompetents who prepared these grossly incompetent bids stay on the payroll. ?
Bechtel goes out of it's way to down play it's successes and hid it's size.It's policy is to be low key and stay below the radar, whereas FLR tries to spout and hype at ever opportunity.
Bechtel is a very large company with many hidden subsidiary companies and huge unstated assets.On a true comparable basis Bechtel is number one and the next company FLR is number twenty one.Also, Bechtel's ace in the hole is Bechtel's very strong connections to the White house irrespective of which party is in power.
Also, we noted that there are no posters that have expertise in the heavy civil design build construction field. There are many mouth offs-- but no expertise-- or as we say here in Texas-- they are all hat but no cattle
FLR has no management that have a substantial financial stake in the company. FLR .is owned by the hedge funds and Wall street #$%$.Bechtel however, has hands on ownership by Riley Bechtel which is another huge advantage over FLR.
GVA touts it's $2.5 billion backlog made up several very large projects.Silent as the grave, however, there is no mention that GVA has never, repeat, never made reasonable profits on the large projects and often has incurred huge losses.RE: the ongoing road job in Washington stated and the recent Highway 20 job in Oregon state.Both are financial disasters.
GVA 's profitable work has disappeared -- it was large contracts for developers where GVA would develop large tracts for housing--getting paid when the development was completed along with a percentage of the developed property. These were very profitable contracts.
GVA is controlled by the hedge funds and Wall Street Stinkos-- due diligence is non existent along with bubble share price evaluation all relying on the bigger fool theory for sucker investors.
GVA has done well over a billion dollars in contract work this year and yet has made no meaningful profits.Also GVA now has two joint venture contracts which total about 1.5 billion out of a backlog of 2.5 billion.These are huge risk contracts which if they go sour will essentially put GVA out of business.
GVA is in a high risk no profit business--watch the price go off a cliff in the coming months THE GVA BUBBLE WILL SURELY BURST-- LET THE STINKO HEDGE FUNDS GO DOWN WITH THE SHIP--GET OUT NOW OF BETTER YET SHORT THIS OVER PRICED STOCK.
The dearth of intelligent posts on this board indicates lack of expertise and due diligence.big time loses are inevitable at this price and the mouth off suckers will lose and cry never to be heard of again.--so what else is new?
There is a time to buy and a time to sell --now is the time to sell ASAP.
CEMEX is a tricky investment because it is a MEXICAN company where flim flam and fraud is common place.Also the cement/concrete business is still depressed from the levels of 2008 era. CEMEX bought RINKER at such a sky high price we question the competence of the management--they subsequently had to sell RINKER at a huge loss .
We will review this company again when it is the five dollar range.
During the ongoing market down turn, astute investors will have notice that the price of GVA has on some major down market days has actually gone up.
QUESTION --HOW COME?
ANSWER: This STINKO HEDGE FUNDS ARE BEHIND THE PRICE APPRECIATION.
QUESTION --HOW IS THIS DONE
ANSWER: BY HEDGE WASH TRADING --Wash trading works like this:. Fund A buys shares and then immediately sells them to fund B. Fund B, in turn sells the shares to fund C , who in tern sells them to fund D, who in turn sells them to fund E, WHO IT TURN SELLS THEM BACK TO FUND A.Usually only about 1,000 share are involved, but, these shares are continually sold via a computer program through out the day. Thus, creating the impression of big time volume and investor interest.
Thus, the cost of these trades is minimal to the big greasy hedge funds and this type of wash trading saves them multi-millions on dollars.
Eventually, of course, as the market continues to go down, the hedge funds lose their nerve and panic selling ensues. GVA is way, way over priced---watch for the coming huge price drop.
NEWMONT valued it's plant and equipment at $19 billion on Sept 30, 2013--now just 9 months later plant and equipment is valued at just $13 billion..Whats a $6 billion loss to big shots like Newmont Mining
No one in management has a sizable stake in the company.It is under the heavy thumb of the controlling STINKO HEDGE FUNDS== there's a time to buy and a time to sell.GET THE HELL OUT NOW OR BETTER STILL SHORT THIS GROSSLY OVER PRICED STOCK.