Agree labour costs may be a problem but seeing as they have a dubai operation anyone wanting to go there and live in a sh1t area can do that and be paid accordingly. It is not for all people, STS has such a diverse revenue base now it looks well set up. Booming order book and web site frequently showing big contracts being completed. All about market sentiment and as you say once this turns STS will recover a great deal, with its results to date it would be pushing 5 a year ago. next large upswing I may sell out as i fear the US will crash extremely hard in 2 years or so. for now I think STS has another leg up or two.
STS Price at posting:
0.0¢ Sentiment: ST Buy Disclosure: Held
