The recovery, begins. Everyone please keep talking about how much its going to go down.
The problem with a company that treats their employees bad CB&I Houston. After while nobody with skills wants to work for you. The word is getting out. If you do not think this effects business, wait and see. You end up with unskilled people, you are well on your way.
What a frustrating stock! UP 70c one day, DOWN 70c next day .... and the cycle continues ... Definitely got the timing wrong this time!
This company is in big trouble.
Never mind the run to $23 two weeks ago. I'm sure the shorts will exit in an orderly fashion this time after benign earnings results. Furthermore, it is always a good idea to short a stock trading at 5 times earnings when its peers are at 15 times earnings.
Vertical Research 7/6/17: "Shares offer deep value for investors in small to mid cap stocks." Target $45. "As the market anticipates the next wave of LNG projects to be awarded in 2018, CBI should have a favored position to add to total backlog".
Has Warren Buffet sold out all the shares of CBI? This dud came to my attention several years ago as WB's holdings. Maybe finally now it is time to load up
Texas-based LNG engineer CB&I has been awarded a contract by Venture Global LNG for the engineering, procurement and construction of two LNG storage tanks for the company's Calcasieu Pass export facility located in Southwest Louisiana.
if dow goes up tomorrow, this one will go down...
www.stockta.com is showing that this could go back down soon....Check it out for yourself.
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Chandra Asri awards material supply agreement to CB&I for naphtha cracker revamp | Market Report Company - analytics, Prices, polyethylene, polypropylene, polyvinylchloride, polystyrene, Russia, Ukraine, Europe, Asia, reports
MOSCOW (MRC) -- Chandra Asri Petrochemical (CAP) has awarded a material supply agreement to CB&I for the revamp of existing furnaces at CAP's naphtha cracker plant in Cilegon, Banten, Indonesia, as per Apic-online.CAP's project involves incre ...
More rumblings of project losses, unsettled claims and a company wide layoff. Sad that management only believes that the layoffs are the only way to bring profits to the bottom line. Hope the new CEO starts with reductions in the redundancies at the senior management level where there are more VP's then work force.
Short squeeze coming. Its going to be a great earnings number.
News just in. This must be good for CBI
"Houston-based Freeport LNG Development LP recently filed an application with the Federal Energy Regulatory Commission to expand its liquefied natural gas export facility under construction near Freeport."
"The project broke ground in November 2014, the same month that the company closed on financing commitments of approximately $11 billion in capital for the first two trains. CB&I Inc. — Chicago Bridge & Iron Co. NV (NYSE: CBI) — and San Antonio-based Zachry Industrial Inc. were hired for the project."
Freeport LNG files FERC application to expand export facility - Houston Business Journal
The project broke ground in November 2014, and the company already planning an expansion.
$15 is coming soon....
i clearly remember a piece of news which was something like "CBI surged but some entity (McGuire?) seeks justification", but it is deleted from all websites. is it clear enough who is attacking this thing?
Chicago Bridge & Iron stock is second-quarter earnings. Chicago Bridge (CBI) has three problem CBI projects (two in a loss position and initial charge taken on Cameron LNG Liquefaction Project [Hackberry, La.]) as well as potential for a fourth in losing position ANOTHER HUGH EARINGS MISS
Does any one know why CBI is losing soo much money?
Impossible to own this stock aside from trading it
WHEW!!!!!! Looks like shareholders got a save on this one!