yup...... not only has SP bottomed but mkt finally discovered...

yup...... not only has SP bottomed but mkt finally discovered that RCR has some exc work booked ahead over the next year including good contract that extends its current work with WOR at the giant BHP alumina plant.
I follow engineering firms and the RCR contract re' tendering on a reimburseable basis (not fixed price)'.... is the first i have seen. Very much like the sound of this as engineering firms with fixed contracts have been hammered by rising wages and material costs.
RCR on schedule to pay exc Ffr divs in September and feel they fill confirm a list of profitable contracts in Yr end report. I will put these in the bottom drawer.