Nice one Rudders.March qtr was about 80M, that's plenty of...

Nice one Rudders.
March qtr was about 80M, that's plenty of verandahs!
They are winning ongoing work, providing a good holding pattern for the 3/4 Billion dollars of tenders on the table.
My concern will be they generate profit going forward, not
just revenue.

My observations show some snr mgt (various companies) don't track the sp and frankly don't care, while they sip on coffee in a nice office or "work from home".
They are paid regardless and often have kpi's for bonuses that are quite frankly a gift, requiring little to no effort to attain. How much skin they have in the game of course has a direct bearing on their care factor.

Let us hope they,
- have now leaned out the business in every aspect
(which they directly control & by now implemented)
- don't expect "performance bonuses"
(IMO it's not hard to imagine, better results by having lower quartile intelligence, drunk monkeys driving the company.) Too harsh?

The world's most extensive CEO hunt & selection process needs to end.
Either the board or HR is sitting on this, at the expense of company market cap, credibility and ability to move forward.
By now they must have churned hundreds of candidates, surely one is competent?

What i do like is the stock is holding up well and a favourable risk equation in the short term, IMO.
Downside a 10% slow drift.
Upside circa 20% gain, starting with a CEO announcement.
Mav