RCR rincon resources limited
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Should have added that 55% of revenues is from infrastructure...

  1. Hotfire
    19,936 Posts.
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    03/12/14
    15:29
    Post #: 14401326
    Should have added that 55% of revenues is from infrastructure projects,Mining about 34% but they gain 52% EBIT from this sector due to IP related work which differs them from their competitors. The remaining work is the oil sector.

    Acquiring Norfolk brings more focus to infrastructure work, which now appears very timely. I think we will see the pie for infrastructure be at around 62%
    RCR Price at posting: $1.81 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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