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Re: nelson1234 post# 14726

Thursday, 11/12/2015 1:21:13 PM

Thursday, November 12, 2015 1:21:13 PM

Post# of 114149
GV At first glance, I think part of the problem here is revs were down almost 20% qoq, that's quite a drop. And Q3 should be one of the best quarters for construction. That said, if those 20% of revs are disastrous Texas projects, it is actually a good thing they're gone. I don't think the backlog is the problem it wasn't down much qoq.

Looks pretty nice to me, they lost the revs from the money losing projects and are just making money now. I'm not surprised the stock price is down though as it is a bit of a puzzle to put together.

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