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Re: None

Wednesday, 10/26/2016 2:19:32 AM

Wednesday, October 26, 2016 2:19:32 AM

Post# of 1850
Earnings are not bad, positive is, that they are profitable. But it seems to me like by accounting cooked profit, On Revenues 500M you would expect from healthy company 10% profit. 2,5% is just cosmetic battle for result in black numbers.
I appreciate that, because enviroment is not excellent at the moment. The question is, if it stays like that for long. Then of course is the question, if such profit margins can attract wider group of investors.
Question for me is why they have not announced any other major contract since January I guess... They had really few tenders on the run. And possibly no major contract was awarded to Mc Dermott