Tempting at these prices I know. Good cigar butt investment setup. I held CIM for almost a decade. Good accretion and divvies while it lasted. In 2018 I free carried based on the TA triple top. After that I noticed a few shenanigans on the balance sheet, amongst other things... I sold the last of my holding at $30 2 years ago Post #:40310227
Revisited at $20 earlier this year and it was still a sell. Post #:51014743
Frankly at this point, I just stick to the ones I already own that have mining construction/services strengths. I'm sure you know which ones they are CIM and most Civil construction orientated have too low margins. Industry is so saturated that they bid each other down like crazy to get the contract. This then leads to higher delivery risks IMO as the company cuts corners on other aspects of the project once contract is won.
Not to mention this one has all sorts of drama, new and historical. But you probably know that more than most...